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17 December 2024 | 11 replies
It's probably the best way to get started and learn what it's like to own properties while gaining equity and limiting your living expenses.
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9 December 2024 | 2 replies
@Devin James My bet is on that they close.
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14 December 2024 | 42 replies
Years ago I saw homes in areas like Lemon Grove with large floorplans and limited rooms.
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5 January 2025 | 12 replies
This allows you to pivot when you can get a more favorable situation.Renting:Pros: Flexibility, less upfront cost, maintenance covered by landlord.Cons: Limited equity building, rising rents can strain affordability.Buying:Pros: Potential for long-term wealth building through equity and appreciation.
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19 December 2024 | 82 replies
Especially in eastern PA where competition and inventory can be tough.If you have 80K, spending 60-65 max should be your limit.
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15 December 2024 | 7 replies
This can be conventional or DSCRB) Conventional cashout refi - will need at least 6 months on title if no mortgage on the property (I think - going off of memory), 12 months seasoning if there is any kind of mortgage/lien/loan with the property; will be based on improved LTVC) DSCR cashout refi after six months of seasoning (most cases), and this will include any improved value of the property in the LTVMost cashout refi's will be limited to 80% LTV.
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23 December 2024 | 10 replies
Low prices enable more people to buy, limiting demand for rental properties so rents decline (in inflation-adjusted dollars).Population Growth: In areas with growing populations, demand outpaces supply, driving up property prices.
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16 December 2024 | 1 reply
These risks include, but are not limited to, lack of liquidity, limited transferability, conflicts of interest and real estate fluctuations based upon a number of factors, which may include changes in interest rates, laws, operating expenses, insurance costs and tenant turnover.Investors should also understand all fees associated with a particular investment and how those fees could affect the overall performance of the investment.
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19 December 2024 | 8 replies
Most will have health needs (1 million will have cognitive impairment, 9 million will have mobility limitations and 3 million will have “high needs”) .
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28 December 2024 | 24 replies
You can really pick where you want to be on the "comfortability to profitability" scale here where I felt like those options in most markets were limited. 3) it's a great place to live all-around.