Katherine Ayvar
fixer upper and a mortgage or a distressed property and hard mone
Hello,
I am a new real estate investor. I got pre-approved for a mortgage.
I am looking to start right now with a fixer upper multi family property or single home in the middlesex or essex county. In the following ...
Bill Patrick
Home Refi or Sec Mortgage?
Hi all! Great forum and I hope to learn a lot hanging around! My situation - I own my own home in NY free & clear with no outstanding debts. Credit score is north of 800 as well so we're doing ok. My daughter,...
Malik K.
Owning investment property while renting
Looks like I’ll be purchasing a multiplex for ~560k. I think it might make more sense for me to continue to rent my current apartment due to the conveniences and being able to walk to work versus moving into one of th...
Lee V.
Did I make a mistake purchasing this home?
Hi all,I purchased my first property earlier this year. It is a triplex set up. However, it’s quite Unique. It’s 3 single family homes (bungalow style) on one piece of land. The homes do not share any walls. I’m livin...
Rae Remer
Would you do this deal?
Home owner want out of the mortgage current let on loan is 125k
House ARV is 140
Owner willing to do an subject to if you find an buyer with in 15 days to pay next month mortgage and wants 5k to walk
Payments are 9...
Saajan Bhakta
Buy a House through Business?
Hi All,My father owns a motel (located in WI) and lives on property and works. He is planning to move across the border to MN (much cheaper health insurance) and live in a house and step away from day to day activity....
Julia Chin
Mortgage Rates 30 Year
Hi All,Just wondering what your thoughts are on the impact of Brexit to the 30-year mortgage rates, do you think they will go higher or lower? We are considering when to lock rates and how this will impact our potent...
Beck DeYoung
Facing Negative Cash Flow While House Hacking – Looking for Advice
I’m struggling to wrap my head around the reality of negative cash flow. I’ve been exploring multi-family properties for house hacking in both the Philadelphia and Boston areas for several months, focusing on the chea...
Kesi Ika-Kioa
HELOC's vs REFI's which is better and faster to pay off?
I have learned from different mentors I have in RENATUS that using lines of credit instead of loans (amortized) could be much more advantageous because of the leverage you have with lines of credit.My question to you ...
Ockert Kruger
house hacking question
the idea behind 'house hacking' is you move into the house/mfh in order to get a better interest rate, but when you move to the next place won't the bank change your mortgage to an investment property after 5 years wh...