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3 April 2024 | 4 replies
OR you can take a smaller loan and leave more money in the deal to increase your cash flow due to the lower mortgage payment.How do you guys navigate this?
4 April 2024 | 11 replies
For instance, what is your note worth, what is the house worth, monthly expenses including mortgage, and gross rents, ect.
3 April 2024 | 12 replies
He wants to rent it because of that estimate even though we would be losing money every month because our mortgage payment is $2700.
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4 April 2024 | 11 replies
So you’re going to have utilities, a year’s insurance, taxes, mortgage payments and then the rehab cost.
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4 April 2024 | 8 replies
The most obvious is that you will be able to offset your mortgage with renting out a few rooms.
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3 April 2024 | 6 replies
Even if they can see you used to own a property, when properly transferred it will look like it was sold to investors.
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3 April 2024 | 3 replies
So, if you want the PMC to handle this eviction to the end, which they probably know more about than you, then plan on compensating them properly.
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4 April 2024 | 4 replies
I have homeowner's/hazard insurance on the property through my mortgage, but I do not have any additional landlord insurance or other coverages.
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3 April 2024 | 0 replies
20% down fixed rate 30yr mortgage How did you add value to the deal?
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3 April 2024 | 6 replies
I also have a partner with a full time job and great credit score as well, so maybe my best option would be to include him and have him apply for the mortgage.