
8 July 2024 | 6 replies
Anything above 10+ units is generally a minimum of 30-35% down but the rates at present are prohibitive.

8 July 2024 | 21 replies
We tried offering seller financing, money toward buying down someones rate, etc.

9 July 2024 | 6 replies
Seller finance deals work when one of the following situations is present1- property can’t be financed with institutional financing usually because property is vacant (commercial property) or in bad condition2- seller will only accept an above market price for the property and by offering seller financing opens the universe of potential buyers to include people who wouldn’t qualify for financing3- seller is able to obtain a “piece of the action” from a buyer rehabbing the property and hence ultimately obtain a higher price.4- the seller has an existing low interest rate mortgage and wants to “wrap” the existing mortgage into a seller financed higher rate mortgage and pocket the differential 5- property is an investment property, seller has a low basis in the property because of depreciation, and wants to spread out the taxes due.Are you thinking of trying to purchase with 100% seller financing, or are you able to /willing to offer a down payment of say 10-20% .

7 July 2024 | 4 replies
The "house hacking" you CAN do is with your GI Bill: GI Bill BAH is based on the zip code of your school, not based on where you live.

10 July 2024 | 10 replies
The catch is, my current interest rate on the conventional is 2.87% and I'm positive it will nearly triple if I refinance with a DSCR so it's a tough decision.

8 July 2024 | 9 replies
A cash out refinance could be a great fixed rate option and a way to maximize your equity to grow your portfolio.

9 July 2024 | 3 replies
Hey Renee,Pros include guaranteed rent payments from the government, a large pool of potential tenants, and potentially lower vacancy rates.

8 July 2024 | 8 replies
Because Pittsburgh seems to be taxed at an even higher rate than Philadelphia.

9 July 2024 | 20 replies
-Now if I invest this 325K in capitol into another duplex, and assume the same NOI and loan rates I would have a second duplex making 1,238.

6 July 2024 | 5 replies
.- Interest rate fluctuations: Mortgage rates are predicted to decline, potentially dropping to around 6% by the end of 2024.