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5 February 2025 | 5 replies
You likely only made a down payment of 3-20% ....but you still get to write it off on the full value across 27.5 years.So 400k/27.5 = 14,000 ish a year of a write off where during the year you didn't need to incur an actual expense, no cash outflow.
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16 January 2025 | 2 replies
Most mortgage companies will not call loan due if payments are current but you do run that risk and need to be prepared to payoff or refi at a moments notice.
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17 January 2025 | 19 replies
Despite the program's claims of providing exceptional training and support, my experience with Kristin has been far from satisfactory.First and foremost, I find it necessary to address the issue of non-payment.
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19 January 2025 | 14 replies
If the other two parties want to flip a house maybe they can do just that as partners and then sell you the house which you can buy with a primary home loan with low down payment.
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20 January 2025 | 242 replies
The last partial payment they made to me was in December of 2023.
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24 January 2025 | 6 replies
The deduction is optimized as values increase and can potentially offset the entire net investment (including down payment) for high wage earners.
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30 January 2025 | 1 reply
I used a HELOC to cover the down payment, appraisal gap, and furniture, allowing me to enter the STR market without depleting cash reserves.
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3 February 2025 | 3 replies
The key will be to set up terms so your monthly payment works.
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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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8 February 2025 | 5 replies
I just want to find anything that is no or low down payment.