So I called the bank to do a cash out refi. For $150,000 mortgage on my primary. My payments will be $2000 a month with a 6.75 interest rate. I have all this equity & still can’t afford to have my money work for m...
Looking to purchase rental properties in and around New Braunfels, TX. Been listening to the podcast and seems like the big rule is to make $150+ a month per unit after all expenses (mgmt, repairs,vacancy,etc). I'm ...
C- Class Property Renting for $800 Per Month , SFR Property in decent shape needs minor repairs ( maybe 2-3K) - 60,00K Asking Price Option 1: 25K Cash offer close within 7 days ( I can do a cash out refinance and pull...
I am in the process of talking to banks about taking out a HELOC or Home Equity Loan on my residence which I plan to use for a down payment on a first rental property. I am having trouble wrapping my head around a co...
I asked AI should I pay Cash for 1 home then refi or buy 4 homes with 20% down on each home for 139000 3b ed 2 baths then im stuck a 4 home till i get another 20% down there answer was When deciding between paying cas...
Hello All!
I’m needing some advice and I’m hoping to get several opinions/points of view with respect to 15yr vs 30yr and cash out refi vs HELOC on my primary residence and a decision that I’m trying to make which al...
Hello all! I buy SFRs to rent out. All mine are currently on 15 year notes, and while I understand the fiscal benefits of paying off loans more quickly via a ten or fifteen year mortgage, I struggle with my desire f...
So I was wondering, if I had the equity to put 20% down on a house to house hack, wouldn’t that be better than putting 3.5% down?
Hello all,I would appreciate any insight / thoughts people have about this topic. I grew up with real estate being in my family. My parents currently own four investment properties in addition to the home they live in...
I found a property that sounds like a good deal. Wanted to run this past you guys and also see about getting financed.
2 buildings - 4 units total (two duplexes)
each unit is a 2bd, 1ba
They are asking $133,000 for ...