Kyle Z.
Mortgage at 7% interest rate for investment property; pay down earlier?
4 July 2024 | 11 replies
How is the rental held, and what kind of rental?
Paul Lowe
Remodeled Rental-Tenant Bought
2 July 2024 | 0 replies
In the beginning they held the note well I was able to complete the remodel.
Paul Lowe
Remodeled Rental-Tenant Bought
2 July 2024 | 0 replies
In the beginning they held the note well I was able to complete the remodel.
Carlos Ruffo
First Time Real Estate Investor
2 July 2024 | 14 replies
I am new to this and I also feel like I’m being held back due to being worried I’m making a wrong choice maybe because I’ve never purchased a property before… idk but would love any input!
Sean Leonard
Looking to find information on Tax Lien investing - Ohio or Pennsylvania
2 July 2024 | 10 replies
But while the others want big investments, Ted's website does offer some freebies...https://tedthomas.com/wealth-w...I signed up for free on his website and was sent and email with Links to an information booklet and a list of auctions being held by county and state across the U.S.
Don Blake
Seeking advice or opinion on how to handle security deposit
2 July 2024 | 1 reply
After some discussion in which I advised security deposit was held on behalf of both parties, he withdrew request until end of lease in September.I have advised girlfriend of his call, and she then stated that the security deposit monies really belongs to her.My dilemma is that the lease is coming to an end, and I understand that in PA, a landlord is required to return 1 month security deposit if lease is to be extended.The place has not been vandalised and is basically being taken care of, and I'm willing to renew lease with the girlfriend, who very interested in renewing lease, but who also now appears to have allowed a new boyfriend to move in.I suppose I could have this situation handled by hiring a lawyer, but my challenge is how should I go about retaining at least 1 month security deposit while returning the other.
Jeroh Odafe
Deal analysis this investment property
2 July 2024 | 6 replies
.- Assuming a 12% HML with a 3% origination fee held for 4 months, with a 30-year cash out refinance at 70% LTV and 7% interest rate, where the property stabilizes two months after refinancing (6 months after purchasing), you would (i) nearly breakeven on the cash out refinance and would generate $455 in monthly net cash flow in year 1, increasing annually, assuming you rent for $7,000 in year 1 and increase rent 4% YoY.- See below and let me know if you would like me to send you a copy.
Kyle McShea
New Homebuyer Here! Questions on FHA Loan, Property Tax Assessment, and More
2 July 2024 | 1 reply
Also, if the title is held by an LLC when you apply for the legal residence exemption for property taxes, it will be denied (see below).Property in South Carolina is taxed using a millage system, based on the assessed value of the property.
Nadia Daggett
Buy in a buyers market or wait for interest rates to go down and prices to go up?
3 July 2024 | 24 replies
If you would have simply held on and collected rent for 72 months, you would have been up money...and that is buying at the peak right before the biggest real estate bubble in modern history.
Olga Daisel
Austin real estate prices
1 July 2024 | 7 replies
I have not personally held weight on the president dropping prices or increasing the prices.