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It's my first rental property, can afford both 15 yr and 30 yr (with the appropriate down payment) financing. At 15 yr, I anticipate the property will be slightly cash-flow positive, with 30 yr, there's a lot more ca...
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I'm under contract to buy some distressed properties on the south side of chicago. Every property has a city of chicago municipal lien on them from violations from up to a year ago to many years ago. Our goal is once ...
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Is it wiser to ride out the 30 years... or should I double-pay and be ready to make more profits in the 15years?
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Hi all -- looking for your opinions on this. I have a duplex in NJ and my mortgage loan is a 30 year, 5.625% rate, 77,175 initial balance, opened August 2018. It's now down to about ~75,000. My principal and interest ...
Hi all! I have a set amount to spend on investment property(ies) and am weighing the pros and cons of getting one that's larger and thus, more expensive vs. a few small ones in the same area. Any advice? I figure the ...
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I am debating my next move with my rental business. I am not that big. I have 3 total properties and 5 doors, 2 multifamily properties and a single family. My goal is to retire off of my monthly rental profits and ...
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Hello everyone! I'm interested in buying my first investment rental property with the goal of maximizing cash flow (e.g. targeting multi-family where possible). I am in New York so I'm looking to buy out of state.What...
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Howdy! Looking into getting into REI and have been looking at different systems and vehicles to get me there. We don't have any huge goals of owning 1,000+ units or raking in millions a month. Our goal is just to repl...
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My girlfriend is getting onboard with financial independence, and i'm really happy for this yall! she dug Your Money or Your Life, and is currently reading 4 hour work week. she's really digging it, and we're already ...
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Hi everyone! We're about to refinance our rental property and I am looking for some advice. Here is some background information first. The property is located in Tempe, AZ and is currently valued at approximately $200...