I’m a nuevo Real Estate Investor, and I will close on my first property on November 1. Based on many books, blogs, vlogs etc., it seems that cash flow should always be the priority. Therefore, my first plan of action...
i found a small 2 bed home for sale 750 sq feet for 185K, which needs about 15K worth of work...a flipped home on the same street just sold for 315K but is 950 sq feet and totally flipped.
should i buy it at ...
Quick question to those who are in the rental field:
When you are doing a loan buy down (paying extra on the monthly mortgage), how much extra do you recommend to put towards it?
Is there a rule of thumb for this?
Recently purchased an out of state duplex and one tenant pays on time but is paying under market by $100/mo. We are coming up on his lease renewal and he offered to maintain the yard (cut grass, clear snow, trim bushe...
Hi-
New to the site but been lurking around for a couple of years. Looking to finally make a move! I was seeing if there was an amortization schedule that recalculates prepayments and shows the delta between if it wa...
Hi fellow investors,I am trying to decide between paying down debt on my existing rental property or acquiring new rental property with the cash I have. Conventional wisdom says it is better to use leverage and acquir...
Is there a yearly max on how much the principle can be paid down each year (in addition to regular mortgage payments)?
In February 2015 my wife and i purchased our first duplex for $255K using an FHA loan at 3.5 down. We rented the second floor out and lived on the first floor(house hacking). As we payed our mortgage(debt reduction) ,...
My girlfriend is a cosmetologist who has been filing under 1099, but wants to change that with the S Corp. I’m looking for someone that can help recommend me or guide me to the right person to create that. She makes a...
Hi All,I have a simple, but silly question... I closed on 2 properties this past years. Let's say $350K, 50K down, seller financing at 6% IR with a 5 year balloon.Let's say I start to shop around and to transition fro...