
7 July 2024 | 4 replies
If the pricewould have been $20k less I would have been good with just a VA loan.So depending if you're looking at a larger more expensive house, I wouldn't refi the 1st one as I'm sure your interest rate is pretty low, plus adding closing cost would add more $ being refinanced.

11 July 2024 | 17 replies
If you are looking for someone to teach you syndication, a common thread is to start a thought leadership platform: podcast, post on LinkedIn, post on BP, create YouTube content.I would say, if you have almost no understanding of what Cap rates are, the basics of underwriting and excel modeling, how to find brokers, etc a mentor can help accelerate your learning.

9 July 2024 | 12 replies
There's a stark difference in tax rates between legal residences (primary residences) and investment properties/second homes.

9 July 2024 | 4 replies
I'm also in school to advance in my field, which could increase my hourly rate to $80 after two more years.I recently bought my first house, a 3-bedroom, 2-bathroom, 1500 square foot home.

9 July 2024 | 8 replies
Its unemployment rate is much lower.

9 July 2024 | 2 replies
You may need permits for plumbing, electrical, and structural changes.A HELOC can be a flexible and cost-effective way to access funds for a down payment on another property.

7 July 2024 | 1 reply
With many seasoned real estate investors locked into low first mortgage rates and large equity positions, many borrowers and investors have been exploring tapping second position loans like home equity lines of credit for reinvestment capital towards down payment or rehabilitation funds.
10 July 2024 | 4 replies
However, the market has changed in that time period with interest rates changing and homes staying on the market longer and longer.You mentioned the big ticket mechanical items for the house, but it sounds like paint, flooring, kitchen and bathrooms we're mostly untouched.

10 July 2024 | 31 replies
Cheap fix and makes the house so much more comfy year round -> lower turn over rate, and an average turn over costs us about 5k, so well worth to invest in your tenant's comfort.

9 July 2024 | 1 reply
…Here's the latest market report (based on single family homes): Mortgage Rates:30-year conventional rate today is 7.01%30-year VA rate today is 6.50% Median Sales Price:April: $476,000May: $475,995June: $485,000 New Listings:April: 1,957May: 2,141June: 1,875 Median Days on Market Until Sale:April: 12May: 12June: 13 Months Supply of Inventory:April: 2.2May: 2.4June: 2.3 What does "Months Supply of Inventory" mean?