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Hello All,
Since interest rates are low, I'm considering refinancing which would reduce my monthly mortgage by 50% up to 67% depending on terms. Is refinancing the best way to increase cash flow for investing or is...
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What's a better strategy: 1. Higher down payment: lower monthly mortgage cost, no pmi payments. This is generally 20%+ down. Good if you have the cash up front, but it's just that, you're losing that money up front. B...
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Let's say I'm flipping a property. My all-in acquisition/repair/holding cost was 80K.
Ignoring selling costs, let's say I sell it for 100K with seller financing. And I require 10% down with the rest financed at 5% ...
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Just getting started in Real Estate investing. I currently have a deal in progress (fix and flip) with a hard money loan. Being a first timer the down payment used more of my personal cash than I anticipated but I und...
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Im getting ready to make my first offer on a quadraplex here in FL. From what I understand from reading is that it's desirable to close on the 2nd, 3rd, or 4th of the month in order ti collect prorated rent from the ...
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I am shopping for my first investment property and I came across a duplex that has been on the market for over three months. The asking price is 210k but my agent says it’s only worth 180k in its current condition. Th...
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I am just beginning the process to arrange my financing for purchasing my first investment property. I am able to obtain a HELOC for about $60k from the equity in my home. The ranges of houses I am looking at genera...
Hi All,I'm from Australia where the market is extremely high where the average single family home here in my city costs 900k and cash flow is extremely hard unless you have a lot of capital and put down a large down p...
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I recently found a property with my partner. It looks good but I’m wondering what you guys think about it. Don’t take it easy on me. Be honest and blunt.** Property Description **Address: Rapid City, SDType: HouseBeds...
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I have posted about this deal before but I am still unsure. I bought a foreclosure for 28,000. Put 11,500 into it and now its appraised at 70,000. Of this money 5,600 was out of my own pocket for the down payment. ...