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28 May 2024 | 7 replies
If you do not plan to live there buy it as either as a Seond home or investmet.Second Home is 10% down - seller can offer seller credit to cover closing costs.Investment Home - 15% down - Selelr credit but ony 2% of sale price Max.Pull cash out of your primary or another property via cash out refinance or LOC for the down payment.Feel free to reach out if you have any questions.
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29 May 2024 | 6 replies
Then I brought with left over cash a long desired 2nd home overseas, which we will use 4 months and mid term rent the other months.
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28 May 2024 | 2 replies
After running rental numbers I cant seem to find a property that cash flows utilizing the LTR strategy.
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28 May 2024 | 7 replies
Section 8 is a tool for landlords, NOT a cure-all.Yes, a landlord can sometimes get higher rent via S8 than they can from cash paying tenant, but only in Class C- and D areas.
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29 May 2024 | 5 replies
The reason I am asking is because in some cases I am not certain if I want to buy the property with non IRA cash or through the IRA.
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28 May 2024 | 3 replies
Bought for cash flow, got appreciation, and then exited with their winnings.
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28 May 2024 | 1 reply
Buyer's agent suggested "Cash to move out" but I'm not exactly sure how that matters if the tenant is HUD and needs a new HUD apt.
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28 May 2024 | 10 replies
By the time we are our parents' age, our properties could be paid off/cash flow well, and we are sitting in an amazing position.
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29 May 2024 | 7 replies
Financially speaking, I'm still saving, but the goal is 50k saved up (all costs: closing, fees, down payment, portion of rehabbing costs) by this summer with my fathers help on the cash all while I continuously save 50-80% of my work checks to fund for rehabbing this property and I work off my second job and "survive off of that."
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28 May 2024 | 3 replies
The house is situated in a desirable neighborhood but it seems they are only looking into cash offers. 1.