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1 June 2024 | 3 replies
My attorney has advised me a structure where: I own the Living Trust --> Living Trust owns the LLC --> LLC owns the property (Title)My lender is not okay with this 'Nesting' arrangement.
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1 June 2024 | 5 replies
The thing is, I don't live there, and I'm eager to start my investing journey in that area.
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1 June 2024 | 5 replies
You are way out ahead of your skis here.First, how are you house hacking both since you can only live at one?
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2 June 2024 | 112 replies
I live, work, and invest in Springfield, OH and am currently working mostly with investors.
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2 June 2024 | 6 replies
.- I go to military training on the 7th.I have a good lock on my interest rate and afraid of doing the mortgage application over again due to a slight decrease in my current job pay but will be going up again in a few months and I'll also be house hacking once I own and solely live in the house.
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1 June 2024 | 2 replies
The properties are either one street down from each other or are 2-4 buildings next door.Property #1 (Currently live in with my family and I)Purchase Date May 2021Mortgage Balance: $117,898Rate: 3.625%Mortgage payment including escrow: $870.51Purchase Price: $143,000Tax: $3,308Estimate to sell in today's market: $190,000- $210,000 based on current sales in the market this yearHOA: $110 monthly includes Water and building insurance and other maintenance for the propertyProperty #2:Purchase Date:: April 2022Mortgage Balance: $135,756Rate: 4.625%Mortgage payment including escrow: $1,375 (payment normally $1,059 but payment increased due to low balance on escrow because of tax increases)Purchase Price: $148,000Tax: $4,578Estimate to sell in today's market: $190,000- $210,000 based on current sales in the market this yearHOA: $100 monthly includes Water and building insurance and other maintenance for the propertyRent: $1,400 a month only water is included in rentProperty #3:Purchase Date:: February 2023Mortgage Balance: $118,518Rate: 5.99%Mortgage payment including escrow: $1,315 (taxes have gone up for this property as well)Purchase Price: $132,000Tax: $4,522Estimate to sell in today's market: $190,000- $210,000 based on current sales in the market this yearHOA: $100 monthly includes Water and building insurance and other maintenance for the propertyRent: $1,400 a month only water is included in rentProperty #4: (We were thinking of selling this and take profits but not sure to be honest)Purchase Date:: February 2024Mortgage Balance: $139,408Rate: 6.75%Mortgage payment including escrow: $1,332Purchase Price: $147,000Tax: $4,130Estimate to sell in today's market: $190,000- $210,000 based on current sales in the market this yearHOA: $100 monthly includes Water and building insurance and other maintenance for the propertyRent: $1,350 a month only water is included in rent
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31 May 2024 | 9 replies
I'm interested to invest in whatever deal makes sense.Outside of real estate, I enjoy working out, fishing and spending quality time with my wife and 1 year old son.Excited to learn and connect with you all!
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1 June 2024 | 3 replies
But Im only able to pull up AD Valorem taxes but not non-Ad Valorem taxes on the county website which adds more to my confusion.Would someone knowledgeable in this area be able to walk me through a live example?
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1 June 2024 | 1 reply
House hacking originally, Lived in one unit.