
6 March 2024 | 5 replies
I was planning on funding the 25% down payment on the single-family rental purchase with a HELOC from my primary residence.

6 March 2024 | 6 replies
You'll pay top of the market price and with the current mortgage rates, it's unlikely your payment will be covered by rent.

6 March 2024 | 5 replies
It usually is less than 200 per year in payments 6 months apart of less than $100.

6 March 2024 | 16 replies
If you have the income and credit, maybe you can sign on for the loan and someone else provides the down payment?

6 March 2024 | 13 replies
Unless you are using commission, bonus, or have variable income to qualify, you should not need to wait 2 years for conventional financing, which will have lower rates and less down payment required than DSCR (assuming you plan to house hack).

6 March 2024 | 7 replies
You bring your total down payment to the table for the property closing and they escrow the rehab budget to pay out in a series of draws as you complete the project.

6 March 2024 | 3 replies
I am not able to access my HELOC due to a payment assistance I used during COVID.

6 March 2024 | 2 replies
In general the holding cost I estimate are utilities, loan payments, taxes, and up keep costs for example.

6 March 2024 | 2 replies
The payments would allegedly continue until the closing.Yes you read that correct, 7% quarterly.Jay Tome, a former state prosecutor representing the 33 investors, accuses Kapoor of committing fraud and civil theft against his clients.

7 March 2024 | 29 replies
Here are the numbers: House #3:Purchase price: $26kSale price: $59kMonthly: $950.00Down payment: His $950 rent security deposit and he agreed to an extra $337.50/month for the 1st 12 months.