Robert Stamper
Mortgage Down Payment
Hi all,
I'm advising a young couple that is 1) buying their first home and 2) interested in building a real estate portfolio of SF rental homes. I know they can get a first time buyer mortgage at 3.5% via the FHA ...
James Sanluc
Payment Scheduled Advice
Hello,I have a GC that quoted me approx 30k a job consisting of the following high level items for a small home rehab (approx 950 sq ft). What are your thoughts on the payment scheduled? He is saying 40% up front (12K...
Michael Heisterkamp
Mortgage payment strategies
There is a mortgage payment strategy that says to pay half of the mortgage payment on the 1st/15th of the month and the 2nd half on the 15th/30th depending on the due date of the payment. This reduces the amount of i...
Samuel Bergen
Best payment collector?
I am owner financing one house and will be starting some rental properties, what app or what would the best way be to collect payments?
Johnny Awwad
Tracking Rent payments
Hi Investors,
90% of my tenants pay by either money gram or cashier checks , we implemented online payment through RendRedi app and about 50% use it.
The question is how to keep track of each unit payment and match...
Jarrett Mel Williams
Funding Down Payment
Hello,
I live in San Diego. I am looking to invest in the Milwaukee, Cleveland, Memphis, and Columbus as I have narrowed those down for my market choices right now.
I've got about 10k cash saved up. I am ready to ...
Langston Carr
Down payment options
I am a local realtor and investor based out of Little Rock, AR. I am considering making an offer on a 3/1.5 home that is just under 1000 sq ft. I’ve personally ran the comps and they come back to about $68K, $71K max....
Kevin Davis
Mortgage Payment Deducibility
On a rental property, how exactly would the mortgage payment be classified in regards to the tax return? I know the interest on the loan, real estate taxes, and insurance are all deductible items. What about the princ...
Troy Sanders
Payment / Self Management
For everyone out there that self manages their properties, how do you collect your rent?
I understand electronically is probably the best option.
********Which platform, apps or other do you use?*******
Do you give...
Don Wacenske
financing down payment
Hi I'm fairly new to the REI game, My son and I have purchased two SFH in the Rochester NY area in the last year, we used our own cash for down payment and closing cost. We are looking to purchase a 4 plex for 300,000...