Investment Info:
Single-family residence buy & hold investment.
Purchase price: $260,000
Cash invested: $15,000
Deal was brought to me as a seller finance deal. 6 Bed 2 Bath in the Jordan neighbo...
Hi, I am in the middle of working on finances for a purchase of a multifamily house in Queens, NY. I`m planning to move out from my current place and move to the new house. I was speaking with my bank and they told me...
Hey gang!With the most recent offers I've made, I have the capital to make a down payment of 20% of the purchase price. Not a whole lot of wiggle room though - depending on what it exactly it comes out to, I may not b...
My husband's job moved us away from family and across the country in early 2022. With the way house prices were skyrocketing in our home state, we didn't know if we would ever be able to afford to move back again if w...
Brief background...I have a duplex where I lived in one part for four years, and rented out the other part. One year ago I moved out, and have rented out both sides. All is going well there, and I have been actively l...
Hi All!
Would love your opinion on a few scenarios...
1) If you live in an expensive metropolitan city and properties are just too much to purchase, is it a good idea to invest in a property in a more affordable c...
Well, I am taking a little time to recover cash reserves from my first rental property project and am contemplating my next move when the time is appropriate.
One option I have is to buy a new house to live in and re...
What metric or ratio does everyone use to determine how much primary house to buy (rules of thumb)? From reading Millionaire Next Door awhile back, the author recommended total mortgage debt to be no more than double ...
For all of you who are married (or soon to be), how are you handling your finances with your spouse? Keep totally separate accounts, merge everything, or make a stand-alone new joint account? My original thought was...
Hello I need some advice. I have 50k in savings. I owe 10,000 for auto loan and 30k for student loans. That's all the debt I have. I want to purchase my first home In February 2021, using an fha loan for my primary...