27 February 2024 | 4 replies
I wanted to see if anyone has any advice on what kind of investment property I should start with using a HELOC to make the initial down payment.

28 February 2024 | 9 replies
Determine the preferred method of payment and communicate it clearly to the tenant.6.

27 February 2024 | 21 replies
I generally txt a rent payment reminder on about the 1st of the month.

29 February 2024 | 24 replies
I think what I will do is, as some of you already mentioned1. reach out to some here who offered to help2. read the tax forum and find CPAs that I think has provided good guidelines and see whether I can get an initial consultation with themI know they can add value to my situation but unless I believe they can add long term value that will justify my payment, I'm not willing to commit to them.

27 February 2024 | 11 replies
Hmmm...To calculate the interest earned by an investment of $25 per month at 5% interest per year where you make a year's worth of payments, you take the first payment and add one month's interest to it ($25 x 5% x 1/12).

28 February 2024 | 43 replies
Citi Bank just came out with a low down payment, no PMI option for certain neighborhoods.

27 February 2024 | 21 replies
Other landlords were fighting with eviction moratoriums and non-payment, but we didn't.

26 February 2024 | 12 replies
Generally, the rate might be higher on DSCR Multifamily but counteracted with a superior 30-year fixed rate (fully amortizing or even IO for 10 years) which can actually have a bigger effect on monthly payment and takes away any balloon or floating rate risk.https://www.biggerpockets.com/blog/multifamily-dscr-loans

27 February 2024 | 36 replies
So a big monthly payment you're thinking?

26 February 2024 | 13 replies
Once you do, begin the termination for non-payment process that your lease (hopefully) spells out.