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2 February 2025 | 20 replies
We’re trying to invest with a long term mindset with as little debt as possible.
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30 January 2025 | 3 replies
Seller will be taking a 30k+ loss with this route.325k with 50K down to seller, 3 years of payments $1600/month, and a balloon payment of 215k at the end of 3 years.Benefits to me: (1) 10k less downpayment, (2) with the conventional route, the loan would be at 228k after 3 years of payments, so I will gain additional equity with the 2nd option since I will owe 215k (presumably I will have to refinance at that time).Benefit to seller: she gets over asking price, 50K upfront and $300/month of cash flow.Does this offer and structure sound reasonable?
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6 January 2025 | 7 replies
If you're a good student and can get into a good college without going very deep into debt, I believe you should go.
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17 January 2025 | 13 replies
Feedback has not suggested property needs additional repairs/work, only that they are looking in a different area.
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19 January 2025 | 6 replies
Is the portal that the landlord and tenants use an additional charge?
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24 January 2025 | 7 replies
OF COURSE the Contractor is going to say you need to tear it all out and rebuild the wall(s) because that's the absolute easiest solution and adds additional work for him.
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19 January 2025 | 6 replies
I heard that less than 20% down causes additional insurance fee?
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13 January 2025 | 2 replies
Am I getting greedy to ask for an additional seller credit at closing to help offset some of repairs needed?
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31 January 2025 | 44 replies
What doesn’t work today may work in the future.Another challenge with the traditional BRRRR model is the resulting high debt load often isn’t fully covered by rental income, especially in today’s high-rate environment.
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11 February 2025 | 15 replies
Texas has additional laws against these options.