Erik Koenig
New to Real Estate investing... trying to devise my strategy for entering market
24 January 2024 | 4 replies
For simple math, if I purchased a $100k property with 20% down and was able to get rent to cover the mortgage, interest, taxes, maintenance and property management (essentially zero cash flow)... held for 30yrs with no appreciation... then wouldn't I essentially hold $100k equity in the property in 30yrs on an initial investment of $20k?
Kathryn Wiegrefe
Looking for a short-term construction loan ASAP
24 January 2024 | 5 replies
The houses are within about a month of completion and I'm looking to see if there's a cheaper option out there that I could jump to for the remainder of the build process and until the houses are sold.
Paul Xiong
Converting garage to ADU
24 January 2024 | 4 replies
This is new construction, with basic appliances, cheaper finishing touches.
Dan Goeckel
QuickBooks or other software
24 January 2024 | 22 replies
Its way cheaper than quickbooks..
Ahmed Alswaiti
Navigating the Shifting Demographics of Homebuyers in Today's Market
25 January 2024 | 2 replies
.- Cash Purchases: Leveraging their substantial home equity, many boomers are bypassing the mortgage process altogether, making cash offers that are attractive to sellers in a competitive market.- Tax Considerations: With an eye on maximizing retirement funds, boomers are drawn to states with favorable tax policies, stretching their dollars further in areas where their financial burden is lightened.- Climate Preferences: The allure of a warm, sunny climate is strong, with states like Florida, Arizona, and the Carolinas seeing an influx of boomer buyers seeking year-round outdoor living.Millennials: Balancing Aspirations with AffordabilityMillennials, now in their prime home-buying years, are becoming a formidable force in the market.
Paul Nicklin
Quick way of getting a rebuild letter for legal non-conforming
24 January 2024 | 2 replies
I was about to close on a refi when my mortgage company through me a curve ball needing a structural report and a rebuild letter.
Gabe Callaway
Financing Multi-Family with DSCR Loans
25 January 2024 | 15 replies
Having a mortgage broker that can structure your loan accordingly helps save the headaches of UW!
Jared Prevost
Predictions on Prices by Q4 2024
24 January 2024 | 2 replies
I just read an article CNBC put out showing that after a 0.06% decrease in mortgage rates last week (6.81% => 6.75%), there was a 10% bump in mortgage applications.
Zachary Salerno
First Time Home Buyers/ Sober Living
25 January 2024 | 0 replies
Then using our first home as a sober living using rent to pay the first mortgage.
Shane Allman
Title issue, need some advise
25 January 2024 | 7 replies
@Shane Allman Did the Original mortgage document encumber all 4 lots, or only the 2 that were foreclosed on?