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27 January 2025 | 0 replies
Why move and take on a bigger payment when you’re already locked into such a good deal?
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23 January 2025 | 45 replies
But let’s go a later deeper - my down payment would come out of a well performing stock portfolio.
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3 February 2025 | 15 replies
DSCR (Debt Service Coverage Ratio) loans generally focus on the property's ability to generate enough rental income to cover the debt payment.
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28 January 2025 | 8 replies
Should it simply be left in a trust and payments made to the trust?
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24 January 2025 | 6 replies
The substantial cash need for large down payment or all cash that most others don't have .
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6 February 2025 | 13 replies
You could structure the deal as an installment sale or a lease option so the property owner doesn't see a large capital gain tax payment for the sale.And good on you for helping out!
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21 January 2025 | 4 replies
If you're a single mom with student loans, a car payment, and living paycheck-to-paycheck, then $20,000 would be devastating and a reserve is critical.
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18 January 2025 | 10 replies
Maybe a better question would have been if you know how much money you have for a down payment on a property?
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23 January 2025 | 0 replies
Cash Payment: Decide whether you'll finance the purchase or pay in full.Future Resale Value: Factor in potential appreciation of the property.2.
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22 February 2025 | 30 replies
My plan is to use a low down payment conventional loan, and with the factors you mentioned, it’ll likely be tough to find a property that breaks even.