I am currently stuck with a (somewhat) good problem. I have to spend a certain amount on 2 financed purchases that will be well over 25% down. I know there is generally a better rate to be had when putting down 25% vs...

The first 2 homes we bought as rentals, we bought them as a package and only had one mortgage for the 2 of them. 

I’m buying a property subject to the existing loan and would like to refinance it in 6 months to cash out the owner and pay off the current mortgage. ( because i know i can get a lower interest rate than what he’s paying) How would I go about doing that?

I can definitely pay the mortgage on my own if the unit is vacant, but what about expenses like having to evict tenants, got to court, fix damages to the property etc.

.$1,680 (8% of rent)Mortgage $6,360Calculations:NOI = Income (minus vacancy)- Expenses (Prop tax, insur, and Prop mgt)         = 21,000- 4,080          = $16,920Cash Flow = NOI - Debt service (mortgage)                  = 16,920 - 6,360                  = $10,560ROI = Cash flow/ Investment basis       = $10,560/ $30,480       = 34.6%Cap rate = NOI/ Purchase price                = 16,920 / 129,900                = 13.0% Cash on cash = ???

We got a 15 year mortgage, with 20% down, but we are currently on a plan to pay it off in about 5-6 years. 

He can afford to bring the mortgage current with his savings but can't afford to pay cash for the home and wanted to get a VA loan.

We got a 15 year mortgage, with 20% down, but we are currently on a plan to pay it off in about 5-6 years.We had talked about purchasing investment properties after we paid off our house, but I am wondering if we should start sooner.

I have heard that eventually it gets harder to obtain mortgages after 4 or 5 .

Hi,I'm very new to real estate but am very fascinated with active mortgage notes.