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Is there anyone in the community who has utilized a Line of Credit or similar product to rapidly pay down their mortgage amortization?Ive seen countless examples on Youtube but none first hand.
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I just bought a house, and I know when you make bi-monthly payments to your mortgage you end up making an extra month of payment at the end of the year.
If I choose to pay weekly, is this better? Would I end up mak...
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Can you get an FHA 3.5% down payment mortgage on a four plex?
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I'm new to REI and trying to learn as much as possible. One question that I have, can one use a HELOC to fund the down payment on an investment property mortgage? Just trying to be as creative as possible, and thoug...
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I'm still green around the ears but am preparing for my first rental property purchase this year. Assume for the sake of this conversation that all of my other finances are in order. I have been trying to process two ...
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I'm considering purchasing a property in a city where the average household income is around $50k per year, and houses are selling for $250k to $300k. Most rents in the area are around $1500 - $2,000 per month. Howeve...
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You may think it’s only the tenant who has a hard time paying the mortgage, but as a real estate investor or landlord, there may be times when it’s hard to pay the mortgage on your end as well. Here are some things ...
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I’m trying to see if I can optimize our financial situation with respect to our rental property that has been cash flow positive since put into service back in 2014. Any recommendations or suggestions are welcome.We f...
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Hello,
I want to get my first multi-family home using an FHA Mortgage. I don’t have cash but I know I can get approved for a line of credit that would cover my down payment. Would the bank consider me a risky lender...
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Hi everyone. I am looking to buy a $500k property, and I have over $100k in savings (i.e. the 20% down payment). Will taking out a personal loan (to pay for some renovation work that I need completed shortly after I c...