Mike Sivert
Subject to - tax write off?
27 March 2024 | 5 replies
We were exploring taking out a primary mortgage on their home to take out 350k in cash at about a 6% interest rate, and I take out a loan from them at an equal rate or slightly higher (maybe 6.5%).
Austin Berlick
Tenant turnover in househack
27 March 2024 | 8 replies
I'm currently doing 3 month trial leases and if they feel it's a good fit, they can extend to a longer term lease or do a month to month and a higher rate.
Sebastian Bennett
Rad Diversified Feedback Request
29 March 2024 | 25 replies
I’m happy to use any resource with better rates to finance our properties.
Paul Novak
Expand Or Payoff
27 March 2024 | 12 replies
With interest rates, home prices, and rent prices in my market to hit that goal of $500 per month I am looking at purchasing a house around $200K, putting down $100K, and renting it out for around $1,500 per month.
Al Seward
Finding current rental rates.
24 March 2024 | 4 replies
Are there websites that will give me the current rental rates for 2, 3, or 4-bedroom units in the different parts of Baltimore City, Maryland?
Nathan Frost
Cash Out Refinance Texas and Oklahoma
26 March 2024 | 15 replies
One has a 10.25% rate and I don't plan to sell for awhile.
Ryan Brown
FHA $1.25m Triplex in CA at 1.75% 30yr Fixed! First purchase!
26 March 2024 | 1 reply
We went back to the appraiser for re-evaluation and they even exceeded the appraised rent rates we needed ($8500/month).
Peter Hendriks
Is Floridays worth looking into
27 March 2024 | 7 replies
Condotels are more difficult to get financed and typically come with higher interest rates.
AJ Wong
Why the new NAR settlement means investors actually need a stronger buyer broker
25 March 2024 | 0 replies
Sellers will still be allowed to pay a buyers broker although not advertised o the MLS.
Benjamin Sulka
House Hack Numbers Not Working (after I move out in 12 months)
26 March 2024 | 39 replies
Back in 2015/2016 you could find a 8% cap rate then in 2017/2018 it was a 7% and 2019/2020 it was 6% and the only reason it has been steady is because rents have seen increases along with pricesSo I tell my clients they have a few options:Buy now on cap rate and refi when rates go down.