Alfredo Trevino
Cash Refinance Question
14 February 2024 | 5 replies
So it may feel like you are getting a big payment, but its not subject to taxes like as in a sale
Will Trammell
New RE Investor
14 February 2024 | 18 replies
INNAGO is a free tool that enables you to screen applicants, set up monthly payments, and manage everything in between.It's advisable to adhere to your lease terms and maintain a record of any notices exchanged between you and your tenant.Wishing you the best of luck.
Ariella Jacques
Downsides of paying cash then refinancing later for a single family rental?
14 February 2024 | 8 replies
It will be my first time buying a house.We were thinking of paying cash for our first property and later do a cash out refinance to assist in funding down payments for future properties.
Logan M.
Buying 12 new MHP Communities in 2024
14 February 2024 | 25 replies
It really varies but I break it down to monthly payment, percent of payment towards principle vs interest (Interest Rate), and Term of loan.
Benjamin P.
What to do with 20k
14 February 2024 | 5 replies
Investing in REITs provides an opportunity for dividends and potential appreciation.Rental Property:Purchase a rental property and earn income through monthly rent payments.
Theiborh Almanzar
FHA Purchase with Siblings for a Multifamily Property - Seeking Advice
14 February 2024 | 8 replies
LTV is 75% so a 25% down payment.
Jack P.
Using home equity loan plus 401K loan for new primary in HCOL area versus renting
14 February 2024 | 1 reply
I was considering our housing options for the move and they fall into two options that I'm considering: 1) Take out a $60K home equity loan, and a $50K 401K loan, and dip into savings to come up with 20% down on a primary in the HLOC area.2) Rent for a couple-ish years at $3k/month until we save up enough for 20% downThis is sort of how I've been thinking about it: Option 1Pros:1) Only have to move once2) Appreciation on the house in the HCOL area over the two or two + years it would take to save up the down payment if I rented insteadCons:1) Reduced 401K performance2) Feels a little scary to pull equity out with a home equity loan since I've never done this and it was not part of my initial investment strategy3) Less cashflow from primary once it becomes a rental Option 2Pros:1) Less stress about 401k and home equity loans2) Better 401K performance3) Better cashflow from current primary once it becomes a rentalCons:1) Two years of rent2) Two years of missed appreciationOther info that might or might not be relevant: We have two modestly cash-flowing rentals besides our primary.
Vijay Kurhade
Which areas one should pay more attention to in agreements or contracts?
14 February 2024 | 3 replies
What must happen to make this progress payment happen?
Mike Quakenbush
Looking to buy first home
14 February 2024 | 1 reply
Looking to connect a friend with a lender who is good with FHA and down payment assistance programs for first time home buyers or with a usda home loan.