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29 January 2025 | 7 replies
Then the rents would cover that payment plus the mortgage with cash left over.
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22 January 2025 | 0 replies
Overcoming Common Financing HurdlesMortgage brokers excel at tackling challenges that often derail new investors:Low Down Payments: Brokers can find lenders offering low or no-down-payment loans, ideal for new investors with limited capital.Complex Income Streams: If you’re self-employed or have variable income, brokers can identify lenders that accept alternative documentation.Competitive Rates: Brokers have the leverage to negotiate better rates and fees, saving you thousands over the life of your loan.Pro Tip: Communicate your investment goals clearly with your broker so they can tailor their search to your needs, whether it’s a short-term fix-and-flip loan or a long-term rental property mortgage.3.
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7 February 2025 | 12 replies
You can take out home equity loan and use that as a down payment on an investment property, but I'm pretty sure your return will be very poor.
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19 January 2025 | 13 replies
We are hoping to streamline tenant communications, maintenance requests, and payment records.
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20 January 2025 | 7 replies
MattIRA sells and owner finances the property for 200k and gets 30k down payment.
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10 February 2025 | 25 replies
Create the payment that’s very low in comparison to what your keeper would bring in rent.
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24 January 2025 | 3 replies
It can take 2-3 months before payments get approved.
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24 January 2025 | 12 replies
I did my research and requote what would benefit both me and the investor, below is the Finalized CORRECT format of the proposal:Listed price on the property: 459,900MAXIMUM amout of money down on the property: $380,000Method of Payment: CASH OFFER from Investor.
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27 January 2025 | 9 replies
A $400-500K mortgage is not a trivial payment plus property taxes on top of running your own house.