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27 May 2024 | 9 replies
They all used the same the tactic, money.I would offer a generous buyout, which I know will be hard on principle, but you'll spend just as much on lawyers and preserve your sanity in the long run, wishing you the best of luck.
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27 May 2024 | 3 replies
Remember, no system is perfect, so avoid the temptation of constantly chasing after the next shiny object.
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26 May 2024 | 5 replies
It’s not a lot of $$$, but on principle I don’t feel like I should have to reimburse her for using those very specific anchors, right?
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26 May 2024 | 11 replies
Your “rent” is going to be the landlord’s principle, plus taxes, plus insurance, plus their mortgage interest, plus profit.
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26 May 2024 | 2 replies
Of course interested parties have a right to object to the sale - both to the executrix and the Court.The 90% of appraised value does not apply to confirmed estate administrators with full authority.
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26 May 2024 | 102 replies
True again, but what if interest rates stay volatile for longer than expected, and the market stays locked up longer.Meanwhile the property is bleeding 6 figures monthly, and the added capital will only go so far, unless there is a major change in the interest rates soon, and that doesn't seem likely.They also say if we don't infuse more capital we may lose our principle too, as they will be forced to sell at a loss.
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25 May 2024 | 11 replies
Equity - my 800-900k equity is currenlty producing, 72k liquid cash per year, 40k principle paydown per year.
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24 May 2024 | 5 replies
It'll depend on your objectives.
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23 May 2024 | 1 reply
@Fenzee PierrePart of your question depends on your objectives.
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22 May 2024 | 10 replies
Normally cash-out refinances are capped at 75% and of course, they will need to cash flow positively with principle, interest, taxes, and insurance.