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14 September 2021 | 59 replies
My point was that your experience supports my observation in the sense that I think they are trying to be "market makers" and sort of control prices.
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19 January 2019 | 3 replies
Since I'm technically borrowing 100% of the purchase price by taking the down payment from the HELOC (rather than the 75% loan against the subject property) I guess I could indicate 0% downpayment and create some sort of blended rate that represents the new 1st mortgage against the rental property and HELOC payment.
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7 September 2018 | 5 replies
I don't really understand your motivations for trying it though.
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1 September 2018 | 4 replies
., but I can't see inside the place, what it looks like, what the renovation quality is like, etc.I'm a bit afraid of just committing to a purchase without seeing it myself, and from what I understand many of these turnkey units sell immediately after being listed, so timing is sort of important.Initially, I thought I'd ask my family who lives in the area to go check the places out for me, then make a purchasing decision, do inspections, etc.
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1 September 2018 | 3 replies
I suggest having the practice provide you a paycheck so you can have proof of income, if you aren't already doing this.There's nothing wrong with getting a 7% return... probably through some sort of index fund/mutual fund combination... and then taking that money in a year or a couple years and starting the real estate journey then.
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3 September 2018 | 21 replies
It's really sort of six-in-one, half-dozen in the other, but they'd have to be willing to take unequal repayments, growing over the five years.
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4 September 2018 | 3 replies
I have a good lead on an off-market duplex with a motivated seller.
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1 September 2018 | 19 replies
Sort of stumbled into this first deal but hope to do better on next one
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5 September 2018 | 4 replies
They will contact the property manager and that should be enough to motivate the manager to make good.
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7 September 2018 | 14 replies
@Jarrod Kohl What are the sorts of key trends that you will specifically look for or those that will catch your eye?