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7 August 2024 | 1 reply
I want to limit the down payment outlay so I'm willing to move into the new property (trying to conserve as much cash as possible for possible renovations).
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9 August 2024 | 4 replies
Then just make an addendum that adds them to the lease, upholds them to the same standards of the other tenant, and also makes them equally responsibility for making rent payments on time.
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7 August 2024 | 4 replies
Equity: 250k2 Family 3/2 Purchased 2023 475k Currently worth 600k 7.25% Interest Cash Flow -1,100 a month ( I live in one of the these)Equity: 98k ( yes i put 20% down)55k in Stocks mostly apple/vti/qqq 5k Cash (reserved for emergency missed rent payments) in a 4.50% savings accountNo credit card debt no car loansI do have 60k in open credit cards 8k available for no interest for 15 months.I have a 50k Heloc on my 2 family unit at 8% interest 10 year interest only 10 year repaymentSo as a investor what would some of you guys suggest as my next investment move?
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9 August 2024 | 11 replies
The buyer would have to bring in that down payment . assuming the loan because of interest rate ?
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9 August 2024 | 2 replies
After a year, you can move out, convert it to a rental property, and then use a conventional loan with a low down payment to purchase another multi-unit property as your new primary residence.
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8 August 2024 | 2 replies
The monthly payment that came out was $898.82.
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9 August 2024 | 17 replies
I feel that cash flow would be better in Lehigh vs.
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7 August 2024 | 8 replies
Hello -- I need to do a major rehab on a rental property that will cost about $50k-60k but the contractor does not want 1099 and wants nothing to be reported to the IRS. I want to be able to claim deductions. For tax ...
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8 August 2024 | 1 reply
Confirm that the Debt Service Company used, will provide you with easy access to: - monthly/quarterly/annual statements of your pymt history - ideally, easy user login web or app access - 1098 or annual (interest payment) tax documentation mailed, emailed, or pdf download-able - alerts, notifications, and pymt scheduling options for: pymt due, pymt applied/received, outstanding balance, etc.3.
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9 August 2024 | 8 replies
Purchase price: $550,000 Cash invested: $200,000This is my luxury glamping site near Houston, Texas called Cameron Ranch Glamping.