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14 September 2017 | 4 replies
-or conventional investment loan at 25% down ( I have just under 100k but with 25% down & rehab work I won't have much money left for other deals unless I use VA financing to move into a primary home (another 4-plex) then I could have 1 official investment property and 1 primary aka another 4-plex for a total of 8units)For the tenant situation, I'm thinking I should put them on a month to month lease for the time being since they are already living here and they can help me pay for the hard money monthly payment which is $1,584.98 while I get the 2 vacant units stabilized.
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17 May 2019 | 7 replies
I guess I'm wondering if there's a way that you can 100% eliminate checks / non-electronic payments.
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13 September 2017 | 0 replies
In May of 2016 I purchased my first property from my landlord who owns multiple properties.Got a great deal.He owner financed the home to me.Home Price $186,000Down Payment 40,0007% Interest2 Year BalloonPre-payment Penalty: 6 month of interestThe house is now worth $300,000Heres where I need some sound advice!
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25 August 2019 | 44 replies
After each step was crossed they would “suggest” you be a part of the next step which would basically require some form of cash down payment.
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14 September 2017 | 5 replies
@Nick Kendall , my first thought is that you and your wife would be better off doing a small BRRRR or even house hack (low down payment because you're owner-occupied)....why dilute yourself with a partner and take 1/2 of a small deal?
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13 September 2017 | 1 reply
Also, does anyone have a recommendation for the best wiget for accepting fees and rental payments?
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14 September 2017 | 7 replies
With a 20% down payment and closing costs, you are in it for $17k.
18 September 2017 | 8 replies
I wish to cash out refinance, out of my VA loan, what is my current primary residence in order to generate some capital towards the 20-25% down payment on the investment property, and free up the complete amount of my VA loan.
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17 September 2017 | 3 replies
Were I don't have to make any payments for 3 months.
13 September 2017 | 4 replies
But I like the cleanliness of some of the programs with the convenience of online payments, work orders, background checks, leases, etc...