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18 February 2025 | 1 reply
Are you able to close the transaction (have enough money (and/or credit) ?
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10 February 2025 | 3 replies
Its great that you have saved some money and have a desire but investing involves a risk of loss.
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5 February 2025 | 14 replies
You first need to identity your goal for the money.
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19 February 2025 | 21 replies
find a strategy that is repeatable and duplicatable and gets your money back.
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19 February 2025 | 4 replies
We have lived in our other two deals, made money on both, but I have no idea how to do another deal safely without living in it.
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21 February 2025 | 3 replies
During this time you are not generating any return from the money invested in the ADU.
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24 February 2025 | 3 replies
Working with someone who has done it before can save you a lot of money in the long runI have some some good deals in that market on new construction.Best of luck.
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12 February 2025 | 3 replies
Cash out: $55,000All money out plus roughly $3,500 in pocket.... principal and interest $767/monthCash flow estimated at roughly: $200/monthMy plan would be to refi around year 4 or so before the adjustable rate kicks in.
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10 February 2025 | 4 replies
Quote from @Cierra Butler: Jonathan, The tenant does not currently owe any money.
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17 February 2025 | 7 replies
Getting into these properties as a non occupant coborrower (all the money invested to get in was mine) was a less cash heavy way to get into the properties versus as an investor.I already have great equity in these properties and prices continue to up.Sounds like, so far, the consensus is to sell the properties and roll the money into other non-condo units.