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20 July 2024 | 59 replies
@Zee Abbas Sorry, I meant that on paper, all my properties should have a great ROI, based on their rent vs PITI/typical expense forecasts.
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20 July 2024 | 2 replies
I have about 5 years experience with short term rentals as a host/co-host.
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19 July 2024 | 7 replies
Many banks won't do a traditional HELOC on an investment property, but they will do a Line of Credit, usually at 75-80% LTV, which typically renew yearly.
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19 July 2024 | 13 replies
Long-term trends appreciate over time.
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20 July 2024 | 8 replies
My non-laywer advice is to get that thing refinanced and read the mortgage docs before you close and abide by the terms of the contract.
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20 July 2024 | 11 replies
It's smart to have more than a few conversations because not everyone offers the same products, leverage or terms.
19 July 2024 | 4 replies
Also, like Erik had mentioned, lenders will typically cut from the initial advance to ensure that the full rehab is funded.
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19 July 2024 | 1 reply
Purchase price: $234,900 Cash invested: $7,000 I house hack 2 bedrooms in a 4-bedroom home as Mid-Term Rentals.
17 July 2024 | 1 reply
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $118,000
Cash invested: $30,000
This is a single family property this is rented by the room. The entire house is fu...