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Scenario 1: 2 houses with mortgages, very minimal but positive return on both ($4k annual net profit) Scenario 2: sell 1 house, use equity to pay off other house ($14k annual net profit) Which one would you do? And why?
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I should note I've been involved in real estate in 1 way or another for many years aND am now looking to get into the investment side of it. Is this a feisable option and process of a short/mid term Single family home...
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Hi all, I'm new here.. and new to real estate in general. I built a house in Dallas, TX in a new development neighborhood and have been living here for about 6 months now. I got in early and purchased my lot during th...
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I'm looking for clarification on Subject to. When subject to financing is used, is the equity the seller has put into the property forfeit? Meaning, is the seller paid for the equity they have put in the property so f...
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I'm a wordy person, sorry if all this writing seems like too much info, but I think it's relevant, albeit it's nearly an essay. I'm torn about refinancing my rental property. Right now it costs me about $400 a year...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $240,000
Cash invested: $37,000
My wife and I used a renovation loan on our first home. Our gut rehab added 2 ful...
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Due to unforeseen circumstances I ended up spending more than I anticipated (like everyone warns). What is the best way to raise 40k to finish the job? Because I’m in the middle of construction I can’t pull out an equ...
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I am wanting to sell a property in the coming months and since I did a recent cash out refinance, it will probably only have $50K in equity, that I want to reinvest into the next deal.My question is, do I need to hire...
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Hi Everyone, I am hoping find some advise on how I can pull my money out or use other credit card or heloc to replace my problem.I bought my first rental property on November 14th 2022, I owner was willing to seller f...
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Investment Info:
Single-family residence buy & hold investment in Kannapolis.
Purchase price: $88,000
A perfect no money down BRRR!!
This was my first deal and definitely solidified my love for real...