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13 March 2018 | 5 replies
This would be more of a cash flow play and forced appreciation over time.
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14 March 2018 | 4 replies
There might be more demand for cheap housing that way.
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11 March 2018 | 3 replies
I'd just weigh your expected returns in the market vs your mortgage interest rate.I've actually been tapping the HELOC equity to re-invest into the market which is an aggressive play but if I can beat the interest rate (3.75%), I'll be turning a profit by doing so.
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17 May 2018 | 5 replies
I'd buy my house again today in a heartbeat for our total refi amount, so I guess I did an appreciation-refi-play on my house to pay for a divorce and am at about 20% equity when the dust settles with no revolving debt.
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12 March 2018 | 2 replies
I personally wouldn't necessarily recommend this avenue, and I'd imagine it would still be challenging to find a solar contractor willing and able to "get creative", but I have seen this play out before.
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12 March 2018 | 2 replies
It’s a great area with high rental demand.
12 March 2018 | 7 replies
Mortgages have a "due on sale" clause, which means the lender has the right to call the loan and demand full payment of the balance if the property is transferred to another person.Whether or not there are ways to legally get around that is above my pay grade, so I would advise speaking with a real estate attorney before proceeding.
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13 March 2018 | 2 replies
I think there is a price break somewhere that divides the tenant pools; oddly enough, try raising the rent just a bit to pull it over a line (for instance, from $795 to $825) to see if that changes the nature of interested renters.And the phone number isn't my personal cell #, it's a Google voice number that will play a message, accept texts, and forward all texts and calls to my email.
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19 March 2018 | 10 replies
I didn't use any partners - wanted to my first deal on my own before anyone else's money was in play, but to each their own.
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13 March 2018 | 7 replies
This is our first rental property so we are new to what all to expect/demand from a property management.