I'm looking to buy my first investment property. I got a property in mind and getting a really good deal on it. I need some help on how to approach the deal. I want to do the BRRRR method but not sure how it works sin...
I purchased a rental property in June with 20% down and financed with a conventional loan at 8.125%. Obviously, with rates dropping I am looking to refinance to reduce that rate. I have a loan estimate from a lender t...
Hi Guys, Would you take 2 Million Cash or 120K/Year Passive Income for Retirement?? And Why? I personally prefer Cash flow because then I can retire early? What do you guys think?
Anyone have any good rules of thumb or calculator for the break even point between seller financing vs conventional mortgage?So if someone offered seller financing at a higher rate, higher purchase price but 10% down ...
Wanted to know if there is away around the higher refi rates on a cash out. My thought is to get a HELOC, pull the cash, and then do a 1st refi, to pay off the HELOC. Would paying of the HELOC still be considered a ...
I'm in the Canad]ian market and just want some clarification. Is the amount that you pull out on a cash-out refi, actually the forced ARV 'cash' or am I paying taxes and or interest on that cash amount based on the ne...
I'm getting ready for my first flip project. Is there a rule of thumb of what costs require cash up front vs what can be covered via loans? From what I"ve gathered on a few posts, I believe the hard money loan downpay...
hello everyone! I'm currently looking to purchase a 6 unit property in Chicago IL. I have a couple folks who want to invest and essentially put enough money in to pay for the down payment + closings costs. They would ...
Hopefully I explain this in a way that is easy to understand. This is my first rental property purchase and also the first time I've really had to deal with any accounting of this nature, so I would appreciate any gu...
I have been doing research on the BRRRR strategy & i always seen to get confused when people talk about the refinancing and getting 75-80% LTV on the ARV. Can someone please help explain this method & provide ...