Does anyone know if it's possible to get a 1st Lien HELOC on investment properties? If so, what banks/lenders will do this? Any lenders have insight into this?
The fed just announced 3 rate hikes in 2022 vs the original plan to hike only once at the tail end of 2022. What are your thoughts on how that will affect housing prices in 2022? Very low appreciation? I have a off ma...
When evaluating a property what do you look for:
High Cashflow?
Example: $74,000 house rents for $900 month, buy with all cash gives you a 9% Cash on Cash return and a $587/mo cash-flow.
or
...
I'd love some advice. I purchased 14 townhomes eight years ago for $120K each, and they are now all worth $350K. Total value is $4.9M, and I owe $1.6M. My goal is monthly cash flow. I'm about roughly $11k right ...
So house hacking to me is an amazing way to get into real estate and the most promoted benefit is that the tenants pay the mortgage or most of it as well as low down payment.But I live in Portland, OR and a duplex goe...
Purchased a property in my name with a 30 yr fixed mortgage (big corporate bank). Have sense formed an LLC. Planning to transfer into the LLC. Would love to know if anyone has done this and the bank called to load due...
I just finished Money: Master the Game by Tony Robbins. Great book! One part that really hit me in the book was the long-term opportunity cost of "little" splurges like regularly hitting Starbucks or eating out. Relat...
Hi,We own a few single-family properties in the Phoenix area and they are all managed by the same property manager for many years now.Since these houses aged a little bit and have normal wear and tear it's time to mak...
I mailed 500 yellow letters to out of state property owners. The mailer should have arrived in mailboxes around 3-4 days ago. So far I have received 2 call from the mailer. I used a standard yellow letter. No modi...
So I live in the SF East Bay and have been looking to invest in a rental. I am too afraid to do out of state rentals. I have been looking at some homes for investment and it's expensive here.
I have been looking at...