Ishtiaque Hussain
Should I sell or keep our condo?
My wife and I have a condo in Bala Cynwyd near Philadelphia. But we recently moved to New Jersey and bought a single family home. Now we have rented out the condo and have a good tenant - which covers our mortgage for...
Todd Fithian
To Refi, or Not To Refi, that is the question..
Well First I apologize; the title might be a bit misleading. My question is more of a “Should I refi and pull out cash, or Should I just Refi without pulling cash for a lower interest rate and lower monthly payment”....
Toby Johnston
Down payment assumption for 50% rule analysis....
What should I be using for the down payment assumption when applying the 50% rule? Obviously, the larger the down payment the smaller the mortgage and thus the greater the likelihood of actually passing the 50% rule ...
Angel Dejesus
To refinance or not to refinance
Big dilemma. Since I’m refinancing I have a couple of options.
1.refinance for 60/40 LTV
OR
2. Refinance for 80/20 LTV
I don’t have a crystal ball. But if the market dips or whatever happens to these buyers tha...
Kyle Baxter
Down Payment Strategies with High Initial Starting Capital
Wondering what some of you who have experience in the small-mid multi-family market would do with a fairly large amount of starting capital (>250k) considering down payments. Do you prefer going as low as possible ...
Ian Stedman
Heloc to coventional loan
Im wondering if i can use a heloc on my primary residence to either purchase or use for a down payment on an investment property and then refinance the investment property into a conventional 30 year mortgage to “pay ...
Alicia C.
Help doing this math please
Hello! I need some help sorting this out in my head. We have a LTR that was our primary home. Purchased in 2007. Bought for $220,000. Currently owe $100,000. Rents for $2100/month. Mortgage is a 15 or 20 year (...
Jennifer Morse
Payment options for rent
At my local REI meeting last night, a fellow landlord informed me all their tenants pay cash, and its illegal to not accept cash as a form of payment. Is this true? If stated in the lease, how you want to be paid, can...
Joshua Parsons
Landed our first Investment Property
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $95,000
Cash invested: $15,000
After hitting many bumps along the road, we landed our first investment property, ou...
Chris Eidson
using a credit union share loan
I can borrow against the savings in my credit union account. The rate is 1.95% (only .2% net over the interest rate they pay me). I can get a 10 year amortization. The turnaround is about 48 hrs to fund. Seems lik...