I had a VA refinance set up, my VA appraisal for the LTV came in at 90% which is a problem. Now the company says it can't go through unless I bring the difference of about $11,000 extra cash to closing. But from what ...
I am closing on a townhouse next month, and will be renting it out. All expenses a month equal $1400. I will be renting the unit for $1900 a month. Should I save all the cash flow and put down on another house, or pay...
Hi all, I'll be closing on my first 2-family this week and did some initial estimates and realized I'll probably be positively cash flowing anywhere $200-$500 a month. I'll be moving into the basement next year and wi...
I am closing a seller financing deal but am confused with how monthly payments are split up between principal and interest. How do I determine how much principal is owed at the 10 year mark for the balloon payment? I ...
Would appreciate any advice or personal experiences from anyone on this topic!With housing prices ridiculously high and rising interest rates, I have decided to live at home with my mom to save up money for a down pay...
Got these rates from better.com. In consideration for SFR purchase, about $250k, as a primary with 5%, house hack for one year and then rent out. Goal is to cashflow and future equity.1-Which rate makes sense? 2-What ...
I’m considering buying an STR property with a land contract (also known as an executory contract or contract for deed) with 0% interest payments … meaning each payment would be pure principal pay down. No interest exp...
Something to make you laugh. I am not sure if it is too explicit for the site, I apologize if it is Josh.
A first-grade teacher, Ms. Brooks, was having trouble with one of her students The teacher asked, 'Har...
Hi all!
If I had a rental property with exactly zero cash flow at the end of the year (after paying for mortgage/escrow/insurance/maintenance/etc.), would some of my depreciation expense shield the funds that were us...
With straight line amortization schedules, interest payments decline over the life of the loan.Does anyone have some tips (or formulas, or excel tables) for calculating the actual interest collected if you buy a note ...