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5 February 2025 | 4 replies
You will be paying 6-10% for just having them collect rent.
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14 February 2025 | 5 replies
It is a duplex near scranton PA. the Mortgage is about $2,400 and each tenant pays $1,550 monthly in rent so I make about $700 in cash flow monthly.
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10 February 2025 | 10 replies
If it takes you two months two find a tenant willing to pay $1,700, then you'll still basically break even in the long run - the net to you is the same.
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14 February 2025 | 6 replies
Unless new companies create replacement jobs, the only remaining positions will be lower-paying service sector jobs.
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11 February 2025 | 20 replies
@Aaron Bard- plenty of lenders offer DCSR loans ...contact a few for quotes ...also - dont pay any lenders at the beginning of the process
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29 January 2025 | 19 replies
Use that loan to pay the back taxes and get things under control.
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29 January 2025 | 10 replies
There are quite a number of things that can make utilizing an FHA loan more difficult such as more barriers during appraisal, appearance of low qualification/little cash, typically longer closing period, likely higher interest rate, and PMI cannot be dropped without a refinance if 3.5% down.That said, just chain 5% down conventional loans, and make sure your duplexes pay for themselves.
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29 January 2025 | 2 replies
I would focus on the house hack and not take a pay cut.
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5 February 2025 | 6 replies
The only purpose of the account would be to collect payments and pay bills like taxes and insurance on assets held by the LLC.
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31 January 2025 | 0 replies
The garage and the fact that a long term tenant was in place paying market rent.