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16 July 2019 | 3 replies
Financing risk - To get higher cashflow, you need to get as low of an interest rate as possible combined with as long of an amortization period as possible (30 yrs vs 25 yrs for example).
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15 February 2015 | 12 replies
He has done my and also my co-workers taxes for the last 3 yrs.
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6 December 2015 | 6 replies
My net projections for Yrs 1-5 are : $81k, 258k, 725k, 778k, and $1.13M, respectively, including a balloon payment in Yr.5.
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10 February 2016 | 46 replies
You want to leap 20 yrs in just 1 yr.
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19 June 2019 | 13 replies
...It's too complicated for them.As I stated earlier, I’d prefer a fully amortized loan that’s good for me and easy enough to sell to my lenders; let’s say 8% for 20 yrs.
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27 July 2015 | 13 replies
"humidity is 200%"..loli lived in florida for 8 yrs, i know how that feels..
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11 June 2022 | 21 replies
Vacancy is the major reason that investment properties don't work out. (5-8% vacancy means a loss of $2800-4500 over 4 yrs) I can help you run some numbers if you'd like but over a 4-year time horizon, you come out well ahead compared to renting.
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14 May 2018 | 22 replies
I’ve never in 20 yrs of renting had a dog or cat do any real damage.
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5 February 2018 | 3 replies
@Caleb JordanWhen purchasing a home via an LLC there are a few things you need to consider: if not paying all cash, it will require a commercial loan which right now typically is 20-30% down, amortized @ 20 yrs on a 5 yr ARM, typically higher rate than traditionalhomestead tax emption for property tax savings...I don't think you can do this for an LLCSince you're hacking and flipping, I recommend using your personal if its a single family residence.
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24 February 2020 | 55 replies
I'm not doing a HELOC because I have a great fixed rate of 3.375 with only 9 yrs left.