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11 March 2024 | 14 replies
I have 5 separate LLCs which have all been connected through the Online Banking feature so I can see them all in one place and transfer money between them seamlessly.
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11 March 2024 | 9 replies
The property is currently being used as a primary residence (looking to move to CA) and was purchased in 2021 for $650k with a 30-year fixed rate mortgage and PITI is just over $4k per month today.
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11 March 2024 | 6 replies
See what we can do now to build equity instead of waiting on the LV market to improve and continue renting here in Vegas (we have a really good rate with our landlord) and instead buy our personal home in Texas as a secondary residence so that we can start creating equity sooner (its a beautiful manufactured home so not a huge mortgage).
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11 March 2024 | 21 replies
On the same note I have tried to get her to invest in other properties with me and she is terribly risk adverse and just can’t stand the thought of having her name and credit being attached to a large mortgage even though I have explained numerous times about how the bills and mortgage payments are made by the rent payments. 97% of the time she continues to be supportive of me pursuing the real estate on my own and has been supportive of me retiring from my job to pursue it full time.
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11 March 2024 | 10 replies
My initial goal was to have property where I don't have to pay for a mortgage out of pocket due to lay-off risk in my job.
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10 March 2024 | 6 replies
The couple is divorced. both names on the mortgage. went to auction for foreclosure now. some equity for the owner probably still in property. existing/defaulting FHA loan at a low rate.
11 March 2024 | 7 replies
yeah as title. i have a mortgage on my own house. recently a 4plex on fb caught my eye. theyre listing for 300k, new construction, on i think 1/2 acre or 1 acre mostly seems a big dirt parking lot in front. 1800sq ft. they claim the units rent for 1050. obviously these are small units 1 bed 1 bath, doing the math 1800/4 is 450 sq ft per unit. they look nice, being new construction, albeit spartan inside, metal building, concrete floors, washer dryer hookup. semi rural Oklahoma but about 80-100 miles from dfw. they also say all units are under 6 month lease (it seems to be friends of theirs, i'm guessing, as they mentioned it was full "despite not even listing it yet"?)
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10 March 2024 | 3 replies
You can also check their reviews online at Google, Facebook, or Yelp.
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11 March 2024 | 7 replies
My rentals have between 60-100K 'dead equity ' each but with mortgage rates 3-4%.