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10 May 2020 | 7 replies
That's a tall ask for that kind of financing from 5 different people in my opinion, I would first try to figure out if they have a loan on the property, if so it is unlikely they would accept zero down payment as they'd have to keep paying the mortgage which realistically is going to be more than 3% so they make 1% on their money which is less than it sitting in the bank.
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10 May 2020 | 11 replies
You should sit in on these conversations.
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20 January 2020 | 23 replies
Those sitting on piles of cash are getting crushed by inflation.
8 January 2020 | 6 replies
The house sits on about 1 1/2 acres and has an incredible view of a beautiful golf course hole.
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7 February 2020 | 12 replies
But you have to weigh the amount of opportunity cost if you are sitting on your property for 3-4 months trying to lease it on your own vs paying a commission.
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6 January 2020 | 6 replies
If I buy 6 more rentals (available loans I have currently after selling some off) and sit on the properties for say 7-10 years, I project between principal pay down and cash flow after increasing rents over that decade will be $1,500 a month combined per each of those 6 properties...9K a month just for THOSE new purchases.
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15 January 2020 | 10 replies
I am a one of those inspired newbies sitting here wondering where in the world I should begin.
7 January 2020 | 4 replies
Sitting on a little cash + a HELOC of $115K.
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10 January 2020 | 16 replies
I'm trying to leverage the equity in my house because it "sits" there.
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9 January 2020 | 6 replies
I may just let it sit for a few months though; we'll see.Good luck