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19 July 2024 | 2 replies
Total I recover in cash would be around $195k after paying the bank loan and real estate fees.
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19 July 2024 | 0 replies
I envision offering the full gambit of stay options: short, medium, and long term rentals.
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19 July 2024 | 10 replies
Rents per unit are about 1K for long term tenants, although I'm likely to do STR or at least a combination of the two.
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18 July 2024 | 12 replies
There are a few ways to go about structuring the loan for you on favorable terms.
17 July 2024 | 0 replies
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $118,000
Cash invested: $30,000
This is a single family property this is rented by the room. The entire house is fu...
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19 July 2024 | 6 replies
I may also need to take out a small loan/line of credit to complete the house, depending on how far my money stretches.
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19 July 2024 | 4 replies
You actually purchase 65% of the new property with your cash and a loan for the $150K.
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19 July 2024 | 7 replies
Yes several investors offer fixed second loan and heloc programs including one 100% online with no appraisal required, disbursement in 5-7 days.
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21 July 2024 | 54 replies
I also found out on the day we closed the loan that they have no security deposit either.
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19 July 2024 | 19 replies
But what jumped out to me was the immeasurable in terms of dollars:“But our family has grown!”