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Hello everyone -
My wife and I are looking to get started in RE investing by flipping a house. We have sizable student loan debt, but we have good jobs and income. As such, we are in a position for 2018 where we shoul...
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So of the 20 rental homes I personally own in Memphis, the first 9 of them were put on 30yr loans and the other 11 on 15yr loans. To give you a simple example of the difference, here is what you can expect:$100k pr...
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After doing some calculations, I realize it behooves me to pay at an accelerated amount of the mortgage up front. Obviously, as mortgages go, the lender has you paying mostly interest up front and principle years down...
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Hypothetically speaking, lets say I want to get a SFH out of state, which a property management company will manage. The selling price is 190k. I get these mortgage rates:20% Down No points- 4.75%--> Monthly princi...
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My banker suggested I would get financing easier if I chose a 15yr note on my investment properties. He says those are commercial loans which his bank treat differently than 30 yr notes. Does this sound correct? I ...
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My house right now is considered 2 Bedroom, 1 BA , However, in the basement, I have a toilet, shower and utility basin sink all plumbed in.
The shower is what we call in the midwest, a "farmhouse" shower. It ...
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Hi all,a little off-topic but I think it is an important matter.So, the bank asks you to have Life Insurance to protect itself. It can be either your own or you can pay extra for your monthly mortgage payments.I happe...
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recently moved to NJ and my 1st post, but i will put my heart out :).
i have some experience being landlord, but now i am looking to build, my new home. nothing fancy and dont worry, not asking for price/sq. ...
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I've read a few posts regarding credit repair. I went into a bit of debt while in college. I was hoping to hear others' perspective on paying for credit repair. For one, I do not know the costs of what it would take t...
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So I have a tenant buyer in a house right now. They are 1 year into their 2 year lease agreement and their option to purchase agreement states they can purchase any time during those 2 years. They just informed me tha...