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5 June 2020 | 20 replies
My plan is to roll that equity into the next house and repeat the process.
5 June 2020 | 8 replies
Now I don’t know how the current state of the nation has affected lending but even still I highly suggest checking out these two places if not more local banks.
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6 June 2020 | 3 replies
It may affect your cashflow now and in the future.
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5 June 2020 | 6 replies
Either the neighborhoods aren't good or it needs a ton of work (Which I am not opposed to, but I don't want to be overwhelmed) I am VA loan eligible, so whether I hit the 20% or not it doesn't matter, I won't pay PMI, it will only affect my monthly cash flow by lowering my monthly payments, correct?
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26 June 2020 | 22 replies
If companies start telling workers to start working from their homes and office buildings start going empty, how would this affect the residential and rental markets?
11 June 2020 | 13 replies
(Which is why I am assuming developers are putting new projects there).There is also a housing shortage in Los Angeles, so even though there are new developments coming in I don't see how that could directly affect rents in the short term unless there are a massive amounts of units being delivered at the same time.
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4 June 2020 | 6 replies
House hacking is the term used on this forum.These two examples are low risk first moves that will allow you to get your feet wet, you might not make millions of dollars on them, but you also aren’t trying to flip a house in 3 months super leveraged (meaning a lot of debt), where you could lose everything if your inexperience makes you underestimate a cost, miss a zoning law that affects your success, etc. the list goes on.
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30 September 2020 | 2 replies
The thing you'd want to consider carefully is what affect selling the single family would have on the operability or desirability of the triplex.
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5 June 2020 | 12 replies
I don't charge anything for this part for now, to me it's part of being a good investor friendly Realtor and I get repeat business and referrals out of it.
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5 June 2020 | 10 replies
(I hope the landlord files an appeal for a review, the CARES Act is pretty specific that evictions filed before March 27th 2020 are not affected)Conclusion:1) Check the funding source of your rental income before you file, this was news to me!