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10 August 2024 | 85 replies
So really this investment would either need to be cash or bring in a few investor friends and co-own the property.
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7 August 2024 | 1 reply
Some investors think I am crazy doing that and perhaps so, but I take other people's money seriously and even when the crap hits the fan (and it will if you do enough deals for a long enough period of time), paying back your lender is priority one in my book.Most of my deals for private money also include a balloon payment rather than monthly payments.
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8 August 2024 | 5 replies
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8 August 2024 | 4 replies
We can save $2,000/mo off our W2 income plus the $460/ MO cash flow the property would make IF we get market rents out of the current tenants
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8 August 2024 | 1 reply
., payment, deed, quiet title etc
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8 August 2024 | 10 replies
He believes the cash flow is great.
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5 August 2024 | 13 replies
@Miciah FurbayBuy a primary residence in a good area using a 5% down payment convention loan, don't max out your DTI, in 12 months buy another primary residence with another 5% down payment conventional loan and start renting out the first one.
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7 August 2024 | 73 replies
BTC/Gold was bought internationally as a hedge against US interest payments, war, and geopolitical concerns.
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5 August 2024 | 4 replies
I have about 140k in cash available, and looking for guidance on the best route for funding the second half of constructing a duplex.
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7 August 2024 | 3 replies
It's a hybrid deal because the seller will also do seller financing for $83K of the equity at 0% interest rate.Here are the numbers:PITI (VA Loan) monthly payments of $1,203 with a loan balance of $203,000Seller financed at 0% $83K with monthly payments of $300Total monthly payments: $1,503Monthly rent: $1,950Down payment: $35KThe house was built in 2005 and it's spacious.