This should be a fun topic. For arguments sake lets say.... You have 1 mil net worth in rentals. Positive cash flow. Let's say it's all financed through the bank with 20% down on each. That makes 20% of it your cash ...
I have 2 rental properties I paid cash for years ago and I have never borrowed against them. They are 2 single family homes worth about 257,000 and 296,000. My personal home loan has a mortgage balance remaining of 15...
Hi guys I'm new here but I've been puzzled over this question for a while. If commercial mortgages require that the investor have a net worth equal to or greater than the loan amount than isn't the idea of a 30% downp...
This is a very funny question u may think it’s stupid but why is appreciation so good on rental properties?? I know it’s safe if you have to sell your property your not under water. And u can pull Equity out of the ...
I got into a bad deal a number of years ago that put me in a whole, and also zapped my cash flow. I have a "regular" job, so I licked my wounds & let these 3 properties gain equity- it was literally money in = mo...
Are mortgage points really worth it? In many cases, they can save you money on a loan. But be careful; that lower rate might not be worth the cash you put up! It’s important to run the numbers before doing a mortgage ...
Hi,
I'm debating between investing locally near Akron, OH and Columbus, OH. Columbus is about two hours from Akron. I have a good realtor locally in Akron (my brother). It seems like Columbus is doing better when it...
Two Family Property, 2BR/1BA each unitPurchase Price: $175,000Gross Rent: $1,800/month (might be able to get more, but let's play it safe)Monthly Expenses:Mortgage (includes taxes, insurance): $1,213PM(10%): $180 (pai...
Hey, everyone. 24 year old new grad Physician Assistant looking to build some serious wealth. I'd love to get my foot in the real estate door via a house hack. I've been seeing a bunch of homes in the 550k-750k range ...
Hey everyone,New investor here. I just read and took comprehensive notes from three books on real estate investing:- Long-Distance Real Estate Investing (David Greene)- The Book On Rental Property Investing (Brandon T...