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6 February 2025 | 2 replies
When we moved, we turned it into a rental, hoping this would be the start of our real estate journey—something we’d like to continue once my husband retires.Some key details:My husband is active duty and will retire in 3 years.We have one final move coming up this summer to Raleigh, NC.Our current debts are crippling us—the high interest makes it tough to stay afloat every month.The plan me and my husband are thinking bout:Sell the rental property.Use the proceeds to pay off all our debts, set aside emergency funds and a down payment for our next home.Free up $1,500/month from debt payments, and that also can stash in a high-yield savings account.Regain full VA loan entitlement, allowing us to purchase a multifamily home and use the house hacking strategy for up coming move.Avoid capital gains tax, since April marks five years of ownership, and the tenant’s lease ends in May.This wasn’t our original plan, and we hate the idea of using our equity to pay off debt.
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6 February 2025 | 6 replies
Keep in mind, it would be in your best interest to go for as high as 4 units on each purchase to maximize your door count.
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30 January 2025 | 0 replies
.- Bulk Purchases & Portfolio Acquisitions: Banks and hedge funds often look to unload non-performing assets in bulk.
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31 January 2025 | 0 replies
Purchase price: $490,000 This is a unique opportunity to participate as a investor in a single family residence valued at $3M and higher.
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24 January 2025 | 3 replies
Ultimately though, it will depend on the lender and the availability of funds (assistance) available for the demographic area that you are purchasing in.Do you have a property that you are looking at?
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30 January 2025 | 3 replies
The idea is simple: purchase a property, live in one part, and rent out the rest to offset your mortgage or even generate profit.
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31 January 2025 | 7 replies
I am under contract to purchase a Quadplex.
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23 January 2025 | 31 replies
I seriously looked into purchasing a few years back in Valencia but decided ultimately the US had more potential.
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30 January 2025 | 2 replies
I am a rookie investor and have not purchased a property yet.Thank you in advance.
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11 February 2025 | 45 replies
Brokerages would fight for purchasing such info.