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I have a decent amount of home equity on my primary residence that I'd like to tap into for down payments on some rental properties. 1) Is there an advantage to refinancing with a cash out option or doing a home equ...
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Details... I have a quoted rate of 4.75% with paying just a hair under one point or $723. And have the option to buy down the rate to 4.25% by paying 3.121 points (an additional 2.134 points / $1,562 cash at closing)....
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With rates set to rise eventually (though I have thought that for years) I am interested in the opinion of investors regarding the trade-off between being able to buy at the extremely low rates vs. the strong possibil...
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Hello BP!I own a 3 Flat property on Chicago's Near West Side and I am planning on increasing rent in the following manner:(Rent increase is due to market rents and a hike in property tax)3bd/2ba, 1,150 sq ft Apartment...
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A Closer Look to Broward Single Family Homes
Closed Sales: In June 2024, Broward County witnessed 1,138 closed sales of single-family homes, reflecting a 9.4% drop from 1,256 sales in June 2023. This dip is just a pa...
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In the never ending search for more Federal Tax dollar, there is a proposal to eliminate the 1031, Tax Free Exchange. 16 different real estate organizations have formed a coalition to counter and lobby against that p...
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I think, up to now, there is still a massive demand for housing. Owning a piece of property means you’re responsible for the cost of upkeep and maintenance and taxes; it also means you have the opportunity to earn pro...
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Can anyone explain the formula to arrive at the Annualized Rate of Return? Why does it peak at a certain point and diminish after that?
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HelloI listed my rently on Monday the response has been overwelming. I have 17 scheduled showings between today and Friday. In the area of the home there are very few homes available (3/2/1, 1400sq ft) for sale or r...
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I've been exploring the data about the relative affordability of buying or renting in various counties from Attom Data. Do you think it's better to invest in a place where it's more affordable to buy or do you think i...