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Results (10,000+)
Efrain Padilla Property swap Texas
18 May 2024 | 0 replies
Hello there, I own a 5.10 acre lot in Texas, near Fort Hancock, I'm interested in swapping for land in SoCal, Arizona or Nevada.
Daniel Stoychev Favorite part to invest in
19 May 2024 | 7 replies
Some base their decisions strictly on numbers and do not care about the area, while others are okay with a lower yield but focus on the city and even specific neighborhoods.
Barbara S. Tenant leaves front door open
21 May 2024 | 41 replies
Just go about the steps to evict him based on the advice of your attorney and go from there.
Edgar Oliva Land trust guidance
16 May 2024 | 3 replies
Hello, Im looking for some advice in a creation of a land trust for my properties, how much will cost to create the trust? 
Jeff Daring Can a seller see if I am approved for a mortgage through multiple lenders?
19 May 2024 | 6 replies
Essentially I want to know if the deal can be killed at my discretion as soon as lender A denies financing or if I would then have to get denial letters from lenders B and C as well to kill the deal.There is the small matter of your lack of good faith and fair dealing with the seller if you qualify through others and elect to kill the deal based on the lie that you can’t get financing. 
Michael Macaluso Creative Zoning Idea
17 May 2024 | 1 reply
I’m looking to purchase this lot of land.
Sage Weiss What to do with extra cash?
19 May 2024 | 23 replies
Early on, I think people should be more conservative and establish a base (HYSA) and then regular (weekly or monthly) automated investments in low cost index funds. 
CJ Bennett Thoughts on how to make my next Real Estate deal
19 May 2024 | 17 replies
I've done several house-hacks personally with different strategies as well and have helped many clients do them in Pinellas/Hillsborough/Pasco/Manatee counties as well so if you have questions let me know and I can give you a rundown of your best options based on your preferences.If you don't want, or don't need to house-hack, then you have a couple options and that is going to depend on your goals, savings rate, and other details. 
Trenton Custard Cash for 1 home or buy 4 homes with 20% down on each for 139000
19 May 2024 | 3 replies
Here are some pros and cons of each approach to help you decide:Paying Cash for One Home and Refinancing LaterPros:No Mortgage Payments: You won't have monthly mortgage payments initially, which can reduce financial stress.Equity: You own the home outright, giving you full equity which can be used for refinancing.Lower Costs: No interest payments and possibly lower closing costs compared to having a mortgage.Better Negotiation Power: Cash buyers often have more negotiating power and can close deals faster.Cons:Opportunity Cost: Your cash is tied up in one property, potentially limiting your ability to invest in other opportunities.Refinancing Risks: Future interest rates may be higher, making refinancing more expensive.Market Fluctuations: Property values might decrease, affecting the amount you can refinance.Buying Four Homes with 20% Down on EachPros:Diversification: Owning multiple properties diversifies your investment, reducing risk.Rental Income: Potential rental income from multiple properties can generate cash flow.Appreciation: You benefit from the appreciation of multiple properties.Leverage: Using mortgages allows you to leverage your investments, potentially increasing your return on investment.Cons:Higher Debt: You'll have multiple mortgage payments, increasing your debt and financial obligations.Management: Managing multiple properties can be more complex and time-consuming.Market Risks: Market downturns can affect all properties, amplifying risks.Cash Flow: If rental income is not enough to cover mortgage payments, you could face cash flow issues.Considerations:Financial Stability: Assess your current financial stability and ability to handle mortgage payments and potential vacancies.Market Conditions: Consider current and projected real estate market conditions and interest rates.Investment Goals: Align your decision with your long-term investment goals and risk tolerance.Professional Advice: Consult with a financial advisor or real estate professional to get personalized advice based on your specific situation.If you prioritize lower risk and less debt, paying cash for one home might be the better option.
Mikal MAxim Cash out Refinance or DSCR Single Family Rental
18 May 2024 | 15 replies
Mortgage remaining is around 85K and current value based on comps is right around 295k.