Each strategy has its pros and cons, and finding the one that aligns with your goals and preferences is crucial.Look into creative financing options beyond traditional mortgages.

I would recommend either a HELOC as well so you don't have to refinance into a higher rate mortgage OR a refi bridge if they are free & clear and you are OK with a higher rate to get max LTV on these SFR's.

(CNBC).Today’s Interest Rate: 6.97%(👇 .19% from this time last week, 30-yr mortgage)Well, I’m sick as a dog, which is a dumb saying since my dog never gets sick.

@Orhi TahiMost homeowners have equity in their property If your home is worth $400k and you owe $200k and have a 4% mortgage - your mortgage is cheaper than rent - so why would a borrower let a bank foreclose when they can just file bankruptcy, keep the house and restructure the debt

Unless every applicant can qualify for the full mortgage it sounds like a really bad/risky plan for the lender.

The condo had an electrical fire about a year ago and the owner has been making mortgage payments and rent at their new place during that time.

If you sell outright and take back a promissory note and mortgage, they get the deed immediately and you have zero ownership.

We are under contract on a STR with an already established private booking website.

This will help get you a lower payment for the first 2-3 years of ownership and allow you to refiance when rates come back down.Show as urlRemove3-2-1 Buydown Mortgage: Meaning, Pros and Cons, FAQsA 3-2-1 buydown mortgage offers borrowers a three-year break from high interest rates.

Good evening,Looking to connect with others in the real estate and mortgage space.