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11 January 2025 | 420 replies
Ultimately controlling your spending and making extra principal payments is the way pay your mortgage off early.Also one final warning, you must state on the extra payment that it is "Principal Only" or the mortgage company will apply it towards interest and principal.
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16 December 2024 | 12 replies
The ideal home price for you will depend on: 1) downpayment size 2) risk appetite, 3) preference for more cash flow or appreciation.Given our price points, our investors need to have 35-45K to start, on average.The typical cash-on-cash return on our properties net of loan payments, insurance, taxes, and property management fees is 6-8%.Ultimately, you can obtain financing from any lender, although we have partner lenders that can provide very competitive rates.
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15 December 2024 | 9 replies
Ultimately I wasn't able to contract anything.
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13 December 2024 | 7 replies
My ultimate goal is to house hack a 3–4 unit property.I’m seeking advice on how to accurately estimate the closing costs and monthly expenses associated with a multi-family property.
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30 December 2024 | 819 replies
Jason Powell's comment:"buy a number of these houses, let tenants pay the individual mortgages down for you and ultimately pay it off, then live off the cash flow on the back end thanks to the portfolio of properties that you now own outright."
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14 December 2024 | 13 replies
I ultimately obtained a variance to build 12 townhomes and 18 condos reliant on my hardship case and by agreeing to take responsibility for replacing the retaining wall in a re-designed terrace approach that stepped the wall back from the most immediate neighbors which was a rounding error once applied to the overall project budget.
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15 December 2024 | 7 replies
So, essentially the money from the ultimate buyer can NOT be used by the intermediate buyer to close on their purchase since that would be using money from a purchase that can not occur until the prior purchase has been completed.
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17 December 2024 | 14 replies
Many who want to scale fail to take this into consideration, take on too many projects at once, have no capital to advance the construction and ultimately get stuck in mud unable to advance any of their projects.
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14 December 2024 | 42 replies
Regards,HectorHector,you'll get some value out of reading The Ultimate Guide to Grading Cleveland Neighborhoods.
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10 December 2024 | 8 replies
Looking to buy duplex to live in and ultimately renovate if the numbers make sense.