Encountered the same problem recently looking at a deal that was comped as if it pertains to residential comps in the area and if you cut the asking price by 50% than you get to the valuation based on NOI which is more realistic....

If you buy a house in 2024 on a 30 year note, you've essentially locked your "rent" payment in for 30 years.

You will need to make sure rents are high enough to cover the new monthly payment on the refi.

TurboTax is not going to cut it as you are moving forward.

I had a 40K bonus from a large sale from my 9-5 that I used as a down payment to enter into an owner finance deal to purchase.

Hello all, I've watched a few podcasts where it was stated that it would be smart to house hack every year to take advantage of the low down payment loan options.

I had to replace the roof $6k & cut the grass $1200.

Condotels generally require a minimum down payment of 20%, which all comes down to the condo financials and the condo questionnaire once under contract as to whether or not more than 20% down payment will be required.

That consultant would go out and flag the boundary defined by the outermost edge of plants known to be associated with a wetland.

I've been warned that tenants can go months without paying rent and a situation like that would make it hard for me to keep up with payments.2) New Brunswick.