I have a deal I want some advice on please. $215,000 purchase price for a duplex$1300 monthly rentWhat I want in a perfect world - Put only 15% down10 year loanKeep the interest at or under 10%Do these types of loans ...
I want to build equity with my primary home as soon as possible. And I came across a method using HELOC to reduce the interest paid to the mortgage. Does any one have experience with it?
Thinking about making the first purchase:roughly $90K sale pricePlan to purchases with 100% Home Equity Loan 7% interest only for 12 monthsInvest $20-30K in renovations (using 7% interest loan)Anticipated value $150KT...
I have a potential agreement with my family in the works for a 2 year interest only payment loan with a balloon payment after refinancing..My question is the way to calculate this? These are not real numbers just exa...
Buying a 4plex all 1 bedrooms from this older guy. 45k I am putting 10k down to my bank and my bank sent me an email and had the following offer... can someone breakdown the last section for me, I guess I am not fami...
Though forcing short terms negative cash flow seems misguided, it seems to me like a level-minded long term strategy if you have enough capital to buffer your monthly losses. Please chime in if there's an angle I'm...
I just refi-ed two rentals recently and am definitely seeing the effects of interest rates bumping up and my monthly cash flow. One was 5.75% and the other was 6%. Both with Intercap.What are some interest rates that...
Hi Friends!
I have a question for you all regarding the current Low Mortgage interest Rates. First of all I was able to take advantage 5 years ago and took a 15 year 2.75% interest rate on our Mortgage, our payment ...
Never done heloc before. Do you guys think it's a good deal or not so?HELOC Fixed Rate (3-year Draw Period, 10-year Amortization)80% LTV - 3.99% APRtaking out 60K
Hi Everyone,I don't know why I always get nervous when it's time to pull the trigger...several years and purchases into this thing. Anyways, please take a look at the numbers for my newest deals I plan to close wi...