
15 July 2024 | 9 replies
If you borrow $50,000 against your equity and use it as a down payment on a $200,000 investment, you'll have borrowed the entire $200,000.

14 July 2024 | 7 replies
If the property were built in 2015 I'd drop the numbers down because they probably won't eat up a lot of maintenance.

13 July 2024 | 2 replies
Some info:Original property purchase price ~$90k100% cash purchaseLooking to put the proceeds of the sale into escrow account (1031) and use it for a down payment to purchase another property of greater value (say we get $110k from the sale, so we can look for up to $380-400k approx. @25% down payment)Does anyone have any contacts to help facilitate a 1031 in NY?

15 July 2024 | 9 replies
When getting started its a careful game of making sure you are ready and have funds and do not rush it, as one bad deal and if it goes real bad can slow you down by several years, which you do not want to do.

15 July 2024 | 3 replies
Commentary/review on which might be a good fit for which use case or goal-set.The Bank Option: Best rate hands down, and longest amortization.

10 July 2024 | 12 replies
Non owner HELOC's are in the 75% ltv. or less.Rates 10-22% are and 15 year amortized this is not a good plan to pay off your lower rate first trust deedsShred Method is foolish if you have a rate in the 3's Having a mortgage with a low rate is better than a free and clear property.

14 July 2024 | 7 replies
I would get very close to breakeven, but you are still living for practically free (not counting repairs, maintenance, and management) while paying down the mortgage on a monthly basis.I have never purchased a new property to house hack, but I would run the numbers like any other investment property.

14 July 2024 | 4 replies
My STR has been up and down all year, but overall I still see a lot of opportunity coming my way.

14 July 2024 | 7 replies
Admittedly I am a tracker and love to analyze mundane things like burn down rates to predict when I need to bring more supplies to the property.

11 July 2024 | 0 replies
Hello Everyone,We are currently working a deal in Gulf Shores that is a little tricky. It's around 4 acres of land that could be developed into a cul de sac with ~10 SF homes.However the lot currently hosts a 5k sqft ...