
2 September 2017 | 2 replies
These companies are willing to get rid of the monthly payments for you - by being paid off up front.

1 September 2017 | 2 replies
Marg is on Social Security and is living with care.Kat pays Marg in Cash, in order not to jepordize the elderly womans (Marg's) SS.The FHA will not accept this, as they want to see proof of rent paid, but the sellers do not want the rent coming in as it could jeopardize their mothers (M) SocialS.The elderly woman owns the house outright and is quite flexible when it comes to payments and allowing my friend to possibly stay another 6 months in order to satisfy the FHA, but is at that point where she would like to get her estate in order for her will and would not be able to carry financing for a long period.

3 September 2017 | 11 replies
Most of the good cash-flowing properties that we are seeing For 15-30k down that will cash flow on average $150-350 /mo after "The Big 6" (mortgage, taxes, insurance, vacancy, management, maintenance) have been paid.
7 September 2017 | 4 replies
I’ve got the age old question of whether we should sell our townhome or keep it and make it our first rental.This is my first post on BiggerPockets so please let me know if I have left out any information that may be helpful in the analysis.Single Family TownhomeBuilt: 2001Purchase Date: 2008Purchase Price: $270,000Property Tax: $5700/yearHOA: $125/monthWater/Sewer: $1320/year (Must be paid to county by home owner)Insurance: $800/yearMaintenance Costs: $400/year Other planned future costs: Roof (in about 5 years, ~$5000), water heater (in 7 years, ~$1300 including labor), water softener (in 5 years, $500)Current Mortgage (Refinanced in 2012)Term: 15Rate: 3.375%Principal: $140,000Market Value: $230,000 (Upstate NY market with minimal appreciation expected)Rental: $2000/month ($2200 possible but I want to be conservative)I was also considering refinancing to a 30 year mortgage to help with cash flow but I’m not sure if it is worth the $4000-5000 in closing costs to refinance.Normally I would not consider this a good rental property because of the low/negative cash flow.

1 September 2017 | 1 reply
I was told if we sued her then on every paycheck she receives we will receive a portion of that until we are paid off.

20 September 2017 | 9 replies
When you post online, show lots of pictures to stand out.

6 September 2017 | 17 replies
So future selling costs are $30K but tenants have paid down less than $12K.

5 September 2017 | 2 replies
While there is some variability by region, Kijiji.ca is by far the most popular on-line listing site.

12 September 2017 | 5 replies
I paid the $3,000 to join their "System" and I am starting to think it may not have been the best option.

9 March 2019 | 127 replies
Because your next biggest cost is your financing, and that will stay fixed until the house is paid for.