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12 September 2024 | 6 replies
If you intend to pull money out long term, I would do a 30 year fixed rate 1st mortgage as it will offer the lowest interest rate out of all lending options on the market.
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10 September 2024 | 3 replies
Hello Chad, Unless this property is in the 100 year floodplain, the Detention pond lots are usually the premium lots in the neighborhood.
10 September 2024 | 7 replies
Yup purchased the property 3 years ago. 15 year loan gave me the ultra low rate.
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11 September 2024 | 7 replies
Typically you will need to hold for 2 years before reselling.
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10 September 2024 | 7 replies
Property #1 is a 5 unit with a commercial loan, amortized for 25 years with a 5 year balloon.
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13 September 2024 | 11 replies
We have been through several hundred guest in the last few years and not had more than a few hundred dollars damage at most the whole time, so our guest have been really great.
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11 September 2024 | 11 replies
I want to scale, but currently I can only afford to buy 1 (maybe 2) properties / year.
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10 September 2024 | 5 replies
I own rental properties in one city and two of them had insurance claims in the last 2 years due to hail and tree damage.
11 September 2024 | 2 replies
Michael,I have a lot of customers that live in California, Texas, Florida that have been buying in both Indiana and Ohio over the last 3 years.
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10 September 2024 | 7 replies
Live in it for two years as your primary residence and sell it tax free.