Alex Smith
First Investment Property - best financing options in high COL area?
1 July 2024 | 6 replies
They have mortgage insurance premiums, while with conventional loans you will need to pay PMI until 20% in equity.
Alex Ng
100% LTV properties
30 June 2024 | 6 replies
Down payments are a good thing for you, put as much down as you can. what if i can purchase property at a discount so theres some built in equity?
Greg Scott
Where is the distress with apartment owners?
2 July 2024 | 19 replies
😀So I speak with some actual first hand investing experience.It’s is never as good as some think and it is never as bad as some think.While some big name syndicators have crashed and burned, the truth is this only represents a small share of the market.The overwhelming number of MF properties are owned by long term owners with fixed rate debt and Billions in Equity - those people are not in trouble.I believe perhaps 10% of the MF stock is owned by syndicators.
Daniel Tanasa
Getting paid to buy a house from the MLS
27 June 2024 | 4 replies
50k in equity, 5k in my pocket and $600 a month in cashflow.
Zachary Sakena
Subdividing with conventional mortgage loan
29 June 2024 | 8 replies
If everything goes perfect it seems you will create less than $100K in equity.
Cameron Daste
Best Strategies for a High-Value Market (NY, LA, SF, Seattle, etc...)
28 June 2024 | 12 replies
As a matter of fact, I just bought a triplex off of the MLS that is cash flow positive and will have about $75K in equity when I'm done with rehab.
Jacorion Williams
What’s your House Hack Story?
25 June 2024 | 31 replies
Biggest problem I’ve faced is running out of money and having to save again to continue rehabbing, but duplex’s in my area are now trading between 575-675k so once work is completed I expect to have 200k+ in equity.
Richie Schembechler
Use HELOC/ Roth IRA money or delay investing in real estate?
25 June 2024 | 4 replies
We have about 80-90k in equity in our residence and another 60k in IRA's/Roth.