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4 April 2024 | 1 reply
Say you bought it for $200,000 and sold it for $250,000 and they put $50,000 down.Your basis is now $150,000 and the principal payments that come in from the borrower will continue to lower your basis and the interest payment is taxed at ordinary income rates.
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4 April 2024 | 2 replies
For example, with a strong DSCR and high credit your leverage can be greatly extended and your interest rate lowered to a point where it makes your offer price ability bump lift and yet still be profitable.
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4 April 2024 | 5 replies
Decent interest rates.
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4 April 2024 | 6 replies
I assume it will help improve the success rate of acceptance.
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4 April 2024 | 3 replies
There are multiple VA assumable loans available here (where you can assume a low interest rate mortgage in the 3's or even lower) assuming you can qualify.
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4 April 2024 | 1 reply
The sky is the limit for these products, but they all have pros and cons (higher rate, lower terms, balloon payments, etc.).
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4 April 2024 | 0 replies
That was refinanced later to very low fixed interest rate and is now fully paid.
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4 April 2024 | 28 replies
@Bonnie CerrutiHere is a website and ranking system that I have come up with over time.https://www.areavibes.com/Here is my rating & classification for each livability score. 80(livability score) and above A+78/79 A76/77 A-74/75 B+72/73 B70/71 B-68/69 C+66/67 C64/65 C-60/63 D59 and below F
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3 April 2024 | 7 replies
Find some land cheap , then resell it for more .
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4 April 2024 | 1 reply
The numbers make sense but googling that area, the crime rate seem high. however, its high for that entire area near temple university.