Armando Carrera
What ever happened to...?
12 December 2024 | 1 reply
We got a small drop last month but nothing worth bragging about.I was thinking of doing a refi with dropping rates but doesnt seem like thats in cards currently...Thank you The bond market happened.
Jed Butikofer
No more mortgage payment, but not yet FI/RE: How should I utilize these funds in REI?
5 December 2024 | 34 replies
FINANCIALS: End of January we will be 100% debt free and we have a personal emergency fund saved.
John C.
Owner Financing in Pennsylvania
17 December 2024 | 9 replies
This maximum rate is determined by adding 2.50 percentage points to the yield rate on long-term government bonds as published by the Federal Reserve Board or the United States Treasury, or both.
Gustavo Delgado
why should we still invest in real estate?
4 December 2024 | 24 replies
@Gustavo Delgado I've looked at stocks, bonds, REITS, limited partnerships, and syndications, and have invested in all of them.
Bruce Schussler
To cash-out refinance -or- keep positive cash-flow on a rental
21 November 2024 | 1 reply
Quote from @Bruce Schussler: A lot of Podcasts and Youtuber's say to cash-out refinance to keep rents balanced with payment; (PITI) then use those funds strategically to re-invest either in more real estate or just put into a high interest bearing account or money market account...Here's some of my thoughts and comparisons;Cash-out refinance with new loan so rents balance with payment:- The cash-out refinance is 100% tax free- The funds can be put into a money-market account off-setting a portion of the interest charge of loan- The loan balance gets eventually destroyed by inflation- The liquid cash eventually gets destroyed by inflation - The interest on the new loan can be deducted from the rent income- The refinance costs are 3-4% of the total- There is less equity in the property and LLC that can be attached in case of a lawsuit- The break-even on cash-out refinance with current interest costs on the new loan is around 12 years Vs.Paid-off property with positive cash flow:- The positive rent income is 100% taxable minus only depreciation and property tax- There is more equity in the property and LLC that can be attached with a lawsuit- The break even is not until after 12 years at today's interest rates- There is a rate risk in today's inflationary environment where interest rates on bonds keep rising*It appears to me that the cash-out refi is in the best interest for a property investor; (Dave Ramsey would strongly disagree!)
Gabriel Santin
Proof of funds with business partner
23 November 2024 | 6 replies
We are wondering how to go about showing proof of funds if the deal ends up being an on-market deal.Any advice would be helpful.
Jason Malabute
HAVE YOU INVESTED WITH BAM CAPITAL?
13 December 2024 | 39 replies
I am invested into their A series in Fund III and now Fund IV.
Elliot Rosen
Impact of a bowing foundation on resell value
12 December 2024 | 6 replies
Quote from @Elliot Rosen: Use a licensed and bonded foundation company and keep the invoices, and disclose it to the buyer.
Jonathan Van Dyke
Anyone work with Broad Street Global Funds
23 November 2024 | 22 replies
You have to somewhat know someone in the fund or one of the partners to get more info about it
Jake Handler
Ideas on Funding Rehab?
23 November 2024 | 2 replies
I am getting a 5% interest rate, 30 year amortization with no balloon, no prepayment penalty.I am deciding the best way to fund the rehab.