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16 January 2019 | 4 replies
The mortgage forces you to pay the same amount every month whether you owe $80K or $800K and pays the interest and whatever is left to principal.
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27 February 2019 | 66 replies
Good afternoon all! I
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24 August 2018 | 10 replies
My first investment property was a 2 family at 175k... i was going to put the min 3.5% down... but my lender found a grant through the cincinnati port authority.... they had grants for buying in certain neighborhoods... this particular grant was only for first time buyers, in certain neighborhoods, and you had to have 720+ credit and not make more than 100k with your W-2... but they paid my entire downpayment... and all i needed was to bring 3k in closing costs..... this allowed me to get in for so low....
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15 September 2018 | 28 replies
Hi all,I have everything in place to close on a property purchase, however, Seller is wanting to take on another contract, because closing was delayed by a week, and we did not have an amendment to officially extend the close date.
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14 September 2018 | 2 replies
Appreciation can also be forced as in commercial or MF properties.
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24 August 2018 | 2 replies
Hi All, I purchased my first duplex in March with an 3.5% FHA loan.
23 August 2018 | 1 reply
Their goal is to find a 3 or 4 unit property and they will live in one of the units and rent out the other 2-3 units.Meanwhile, I have been wanting to get an investment/rental property and we're hoping to combine forces.
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23 August 2018 | 3 replies
After you stabilize the property you will have forced the value up and can refi or heloc it out.Every dollar you decrease your expense's is a dollar that goes straight to you NOI.
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26 August 2018 | 7 replies
Hello all, I have been investing in both a ROTH SDIRA and a Traditional SOLO401K plan for a few years now and have things going pretty smoothly.
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10 September 2018 | 10 replies
You could consider a personal loan or HELOC to pay for the repairs in the short term and when you are forced to refinance you can wrap it up.