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Results (10,000+)
Justin Yun How to Optimize Current Portfolio
14 March 2024 | 3 replies
Hi,i have a duplex property in south LA.purchased it for 275k now worth about 750k and I owe 525k in loan due to cashout refi that I used it for a downpayment for my other investment property.Due to this cashout I'm negative cashflow.
Cory Dock Am I messing up by not having a mortgage on my rental property??
14 March 2024 | 6 replies
You pay a bank interest, if you can do something BETTER with the loan proceeds than letting it sit in the property as equity and can generate a return greater than the interest paid.
Preston Phillips First Investment Property Opportunity
14 March 2024 | 2 replies
My question is if anyone has any referrals on lending for the remaining loan amount necessary.
Account Closed Using Subject To, to Get "Free" Properties - A Quick Guideline
13 March 2024 | 70 replies
The bank can call the loan due (due on sale cause).2.
Tyler Underdahl New lender question???
14 March 2024 | 13 replies
Lending to a flipper is much riskier and carries a much higher risk premium than owner-occupied loans, which currently carry a National Average according to unbiased publication Mortgage News Daily, of 7.13%.
Lewis Finney Initial primary residence, then long-term rental...maybe?
14 March 2024 | 18 replies
Hi Lewis, no better way to build wealth by utilizing the loans available to you especially VA loans.
Michelle Chevalier Thoughts on Debt/Income ratio on a joint lease
14 March 2024 | 3 replies
With this mortgage, her monthly debt payments are almost as much as her income (I'm honestly not sure how she was even approved for the loan).
Alex D'Anjou new to apartment investing
14 March 2024 | 3 replies
There are several key differences and considerations to keep in mind when investing in a larger building.First and foremost, financing a larger apartment building will likely require a commercial loan, as opposed to a residential mortgage.
Brandon Workman I would appreciate advice on next steps from experienced investors.
14 March 2024 | 5 replies
Just a thought, is an equity loan or equity line of credit an option on either of these?
Ethen Royal Reporting evictions on a tenants credit report
14 March 2024 | 6 replies
It may prevent them from qualifying for another rental, a home loan, car loan, credit card, etc.