
21 November 2024 | 6 replies
. :) dont know the answer but if I was guess there is probably some lenders that do it with sufficient equity.
21 November 2024 | 1 reply
Quote from @Bruce Schussler: A lot of Podcasts and Youtuber's say to cash-out refinance to keep rents balanced with payment; (PITI) then use those funds strategically to re-invest either in more real estate or just put into a high interest bearing account or money market account...Here's some of my thoughts and comparisons;Cash-out refinance with new loan so rents balance with payment:- The cash-out refinance is 100% tax free- The funds can be put into a money-market account off-setting a portion of the interest charge of loan- The loan balance gets eventually destroyed by inflation- The liquid cash eventually gets destroyed by inflation - The interest on the new loan can be deducted from the rent income- The refinance costs are 3-4% of the total- There is less equity in the property and LLC that can be attached in case of a lawsuit- The break-even on cash-out refinance with current interest costs on the new loan is around 12 years Vs.Paid-off property with positive cash flow:- The positive rent income is 100% taxable minus only depreciation and property tax- There is more equity in the property and LLC that can be attached with a lawsuit- The break even is not until after 12 years at today's interest rates- There is a rate risk in today's inflationary environment where interest rates on bonds keep rising*It appears to me that the cash-out refi is in the best interest for a property investor; (Dave Ramsey would strongly disagree!)

21 November 2024 | 2 replies
Are you in the process of taking the licensing class now?

3 November 2024 | 24 replies
So if the voucher will be paying the mortgage then I’m assuming that means they will also be on the deed?

31 October 2024 | 9 replies
However, the Most alarming thing is they have allowed the water bill (they pay for all utilities, but the city bills the water to me) to mount over $2k over the last several months.

30 October 2024 | 5 replies
I plan to follow the BRRR strategy and build a portfolio of long-term rentals.

31 October 2024 | 3 replies
Hello, I'm new to the forum and would keep learn more about investments.

28 October 2024 | 6 replies
Currently, I am working on installing a new manufactured home with a new septic tank on the foundation.

21 November 2024 | 7 replies
The Fed’s moves often ripple through credit markets, and the jump in the 10Y yield has definitely hurt affordability.

31 October 2024 | 2 replies
I've heard Wolfgang Croskey talk about it as well, as well as some other people in the Residential PM space.Surveys might do the same thing, but I don't know enough about NPS to talk about it.