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19 September 2016 | 1 reply
We are going to use this cash flow to pay down the HELOC we use for down payments so that we can buy more houses sooner.
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19 September 2016 | 1 reply
Repayment would be the interest-onlyOption 2) If you were wanting to use the proceeds towards a down-payment of a rental house.
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4 January 2022 | 4 replies
That way, sons pay for the down payment, make the payments, parents are the residents, and sons acquire ownership in the future.
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21 September 2016 | 34 replies
You have a problem right now and the time to address it is right now.In an ideal world your tenant with the late payment record would progress to nonpayment and you could immediately evict for that.
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23 September 2016 | 3 replies
Probably not enough for a down payment on my own.
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22 September 2016 | 7 replies
This will require capital to start purchasing vacant land, but it would be significantly smaller than a down payment on a house.
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30 September 2016 | 17 replies
For example, if I buy a group of payments; do I have to wait for those payment numbers to arrive before I get paid back for them?
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19 September 2016 | 0 replies
It's rented now at $1550 as well, on a $540 mortgage payment (5.85% 5/20 ARM.)I estimate a net return of $5K yearly on each property after expenses (thanks, BP calculator!)
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20 September 2016 | 2 replies
Your profits will also depend on your monthly mortgage payments.