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20 June 2024 | 6 replies
MY PLAN: My plan was always to refinance the mortgage when rates dropped in the future, so my hope is that my mortgage would eventually come down to around $1,500-1,550 which then makes my numbers closer, as rental prices increase over time.
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20 June 2024 | 7 replies
I am looking to vacate the house and prep for a 1031.I previously had the property listed, got under contract just for this tenant to be the reason we didnt make it through the inspection period.I have a good relationship with her but she is a mess, pays late every month (including her late fee, she is current), police visits, etc.
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17 June 2024 | 8 replies
I assumed this was something a management company does and at any rate they said no problem.After about a month and various excuses for delays in getting a quote, I decided to get a backup quote from my normal insurance agent.
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19 June 2024 | 3 replies
I will definitely keep that in mind.Currently I'm just trying to find gain more insight on the program I already happened to pay the initial starting fee for.
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19 June 2024 | 7 replies
So for example a property you buy for $500,000 with a $300,000 assumable mortgage note with an interest rate of 5%.
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19 June 2024 | 18 replies
if you use a DSCR loan expect your closing costs to be 5-10K and your rate to be in the mid 7s to high 8s.
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19 June 2024 | 1 reply
Check their nightly rates, occupancy and amenities.
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19 June 2024 | 4 replies
Why sell if your rate on the house is good and you could have two cash-flowing rentals there, the main unit and the basement unit?
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18 June 2024 | 69 replies
This, usually regardless of the amount of the fee.