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This would not be traditional house hacking, but maybe a cousin to it... I'm curious if many people have found success in moving to a new primary residence, but keeping their current house as a first rental property. ...
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So I found this guy on Facebook who's willing to lend money on deals at a pretty decent rate. I saw a post he made on an investor page and reached out. What questions should I ask to see if he's a good fit? I have yet...
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Gross Income: $132,000
12 - two-bedroom, 1 bathroom units
Fully occupied
Interesting quirk - 4 units leased as furnished corporate rentals to large multi-national corporation with plant nearby. These units are on ...
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We are offering our first land contract property and are thinking of charging 8% interest. Does this seem high, low, or just right? We've had a couple of applicants say it's high, but applicants of course tend to sa...
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Looking for some recs on a good insurance co. ideally local - but I'm not opposed to bigger guys. Had some wildly ranging quotes from Liberty Mutual/Travelers/etc. Looking for someone with good rates/service (and idea...
Have a potential lead (a deceased family members homes that I have to opportunity to acquire at a great discount) a single family 2/2 manufactured home, looking to rent it out for a couple years. Have some questions l...
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With the current 30-year fixed mortgage interest rate at approximately 7.05%, I am curious about the additional interest I might have to pay for an owner-occupied duplex. Both properties have a 20% down payment.
As a...
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I'm looking for creative exit strategies for buying properties cash.This is what I understand. Please correct me if I'm wrong. When purchasing a turn key property cash at a discount I could cash out refi after seasoni...
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When analyzing a deal and valuing a property, what financing terms do you include? As many of you already know, a deal can look very good to very bad to anywhere in between based on the down payment, interest rate, an...
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Do you assume that you will sell the property after owning it for certain number of years?
Let's say you buy a property with initial cash investment of $50,000 and annual cash flow is $10,000. Now you have no plans t...