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9 August 2024 | 8 replies
The usual way I'd do it - redfin, realtor, zillow etc. and getting comps for SFH for sale don't show me appropriate comps for what I'm looking for.
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12 August 2024 | 11 replies
Fast forward 3-5 years from now and even though rates are down those same homes are now worth or selling for $50K to $100K more.You end up losing more money waiting for a rate to come down versus being able to buy a home for a lower sale price.
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12 August 2024 | 8 replies
If you ever need any help with anything from investment deals, sales, renovations, or property management, feel free to reach out!
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16 August 2024 | 19 replies
After that, you'll need to start repaying both principal and interest, which could also affect your cash flow.However, the flexibility of a HELOC can be beneficial, especially if you plan to make strategic investments that generate higher returns in the short term.
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12 August 2024 | 2 replies
Hard to predict the future but this is reality after the election??
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13 August 2024 | 14 replies
I know one person who is a big-wig sales gal for silicon valley and her primary residence is in Rice.
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12 August 2024 | 5 replies
Hi Sabuj,Congratulations on your recent sale and your decision to invest in Texas!
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13 August 2024 | 3 replies
Home equity is 6-7% depending on length 5yrs vs 15yrs a 30 yr mortgage is 6%...Ideally rental stays rented out bringing in 1/2 of mortgage payment on new house based on numbers and is already cash flow positive bring in $1200/month (worth about 180k)and new property is going for 240k going rental price is about $2,000/month but I owe 18k still on private mortgage- reason I want to pay it off (4% flat 720 interest from cc for 1 year) to have it 100% paid off, then use home equity to pay off....or try to balance transfer balance after 1 yr which ever is lower but I figured that would mess with debt to income ratio and with this property being brand new, which is hard to find being located outside of closest major city...goal is to keep house rented out till it's paid off while also being cash flow positive with both properties combined and using paid off/ nearly paid off 1 to pay for 2nd rental, so I'd say lowest debt while also building wealth/equity not worried about a monthly/yearly profit per say as long as someone else is paying down the mortgage ie: my current property is bringing in $1200/month but current market value says it should bring in atleast $1500-$1600 but the tenant is phenomenal so she's paid same rent since 2017 I've put about 36k into between mortgage payments for 2 years and some up keep...she's put in the other 130k!!
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13 August 2024 | 11 replies
Ive got a small upper kitchen i've been remodeling after 15+ year tenants I inherited (smokers) left.