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12 January 2025 | 2 replies
I used Roofstock to sell one of my rental properties in TX as their sales commission is lower than going through traditional sales channels.
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19 January 2025 | 5 replies
Interest rates between a HEL and a refi are comparable, the equity in the property is equal to the value of the property and I only need about 50% to purchase another property.
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18 January 2025 | 3 replies
If you do something that is too high end or bold compared to what is available in the neighborhood, the exit could be very difficult
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18 January 2025 | 4 replies
We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.
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11 February 2025 | 1681 replies
But I have some serious love for the more traditional stuff too.
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18 February 2025 | 35 replies
They will do things like compare with public records/Internet records.
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16 January 2025 | 13 replies
You will quickly see how you compare in all those categories.
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19 January 2025 | 10 replies
It seems a traditional sale gobbles up half of it in closing costs.We refinanced early last year, and another refi would cost ~$5k, plus w/ the LTV, I don't think the numbers work out just right.Too bad we were too naive to even consider those offers when they were handed to us.
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29 January 2025 | 19 replies
I'd be happy to get you some rough terms to compare to other options that you have, but I also agree with Jay that you should be wary of just selling and loosing that equity that you've built up in the property.
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13 January 2025 | 2 replies
Purchase Terms: Clearly outline the terms for your brother to purchase the property from you, including the timeline and price.To minimize the financial burden on your HELOC, refinance the property into a traditional mortgage as soon as possible.