We have a rental property that we owe $105,000 on. We paid around $136,000 for it new in 2004. It's now only worth about $140,000 but it rents out at $1350 and pays for itself with a small amount of cashflow. It's ...
How much money did you have before financing your first property? My Goal for this year was to acquire a multi family home to start house hacking. One thing let to another so I’m having to postpone that goal for anoth...
Looking at the Realtor.com's estimate for the properties in Jacksonville, it looks like the mortgage payment is lower than Rentometer's rent! For example, Zillow estimates one of its 90k properties to have payment for...
My first post but I've been lurking for awhile. I would like to thank all the members that have created this great resource.
I am looking for some input and critique about my planned strategy going forward.
I curre...
Hello - I am a newbie here..i am trying to refinance my primary home and the lender offered to cash out and payoff my rental property. Below are current mortgage and refi detailsprimary home - 15 year/3% fixed / stil...
Hello All, I am trying to make sense of something that keeps being brought up on numerous investment media I have listened to or watched on youtube, but I just don't understand the reason behind it that makes it bette...
So my girlfriend and I have been living together for some time now and we have been renting an apartment. As our lease is ending soon we have talked about maybe buying our own place. The problem is that I do not belie...
Hello, I am a beginner here and looking to start my real estate business journey. I have a property I would like to purchase and now looking how to best finance this. I have some money set aside for down payment etc...
I want to hear everyone’s opinion on what strategy they would prefer to use in my situation. I own a single family home and 5 rental units. On my single family I have the choice to convert my garage to an ADU studio 4...
I am a 30 year old Marine Corps. (9years) Veteran, I was quite embarrassed to start going to school a couple semesters ago, but after reading a couple books (of-course Mr. Turners, as well as Rich Dad:Poor Dad) I lit...