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16 January 2025 | 23 replies
Talk to friends and neighbors and ask them who do they know that wants to be in the area.I think you can find someone to wrap your mortgage to at or just above your loan balance and maybe a point or two higher than your mortgage.
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7 January 2025 | 0 replies
Equity Created: $550,000 ARV - $409,000 loan balance = $141,000 in equity.Cash Flow: The property rents for $2,950/month, covering all expenses and generating slight positive cash flow.HELOC Potential: Post-refi, I can secure a HELOC up to $86,000 (90% LTV) to fund future investments.
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13 January 2025 | 18 replies
If nothing else, maybe this will bring some balance to this thread, and no I do not work for Jerry nor have I invested in the program.
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19 January 2025 | 354 replies
If AHP does not return his capital then he's made an interest-free loan to them and not even collected his principal balance back.
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14 January 2025 | 19 replies
After both parties sign the lease, the tenant receives an email prompting them to log in to their portal and pay their balance.
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7 January 2025 | 12 replies
Consider house hacking when rates and prices are a little more balanced with reality.
12 January 2025 | 10 replies
It also allows gives you greater flexibility.Plus, once you flip the home and make a few dollars, you should be able to pay the HELOC to a zero balance as well as having extra funds to throw in your war chest.
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19 January 2025 | 61 replies
but end of the day lots of Black on your balance sheet simply is not a bad thing..
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25 December 2024 | 2 replies
Our only debts are a 2.875% mortgage with a balance of $124k only paying $897/month on an appraised value of $325k, daily driver car of $370/month, and use a credit card for monthly expenses, but pay the balance off with every pay check.
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12 January 2025 | 8 replies
How do you think we can strike a balance between corporate innovation and human dignity in housing?