I live in DC Metro area and I just sold my condo. I am looking to invest in a rental property (townhome, single home) in DC Metro area. The price is very high around here especially Amazon HQ is opening next year. I a...
My wife and I are building up our savings account in preparation for buying our first multi-family.. I'm curious where folks like to keep their savings for down payments? We’re currently getting about a 1% return wit...
Us as investors what are some of the advantages that this coronavirus has made that will impact our deals? Examples feds doing 0% on loansWhat are some others?
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Fed slashes interest rates, multi family investors scramble to refinance their properties thinking it's now or never. Freddie and Fannie still have to compete with market rates, and well, since institutions are concer...
Question: I am renting out a home after being relocated. The rental has two mortgages: a 15 year fixed at 4.7% and a home equity line of credit at 1/2% below prime.
$275 k on 1st, $250 on line of credit.
Am I bette...
Hi,
I have been thinking of doing built to suit rentals for luxurious homes.
My main market would be professionnal athletes that change city every few years and other volatile high earners.
do you...
Found a smartphone app yesterday called Robinhood that lets you invest in different stocks and currencies. They say it's 100% free but I discovered you pay a small percentage above the share price. It seems really nea...
Am looking to take out a HELOC on my rental property (mortgage free) for about $70k for repairs. The property value is about $725k. I have been offered a HELOC through a local credit union based on the One Year Treasu...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $243,000
Cash invested: $100,000
Turned a 2 bedroom and 1 bath into a 4 bedroom 2 bath. Renting it for $3,500 and t...