Hi All
I am a firm believe that "no financial decision should be made using financial criteria alone", meaning you have to consider personality, what lets you sleep at night, etc that being said, my wife and I have d...
Investment Info:
Single-family residence buy & hold investment in St Petersburg.
Purchase price: $68,000
Cash invested: $28,000
Bought my First Rental when I first started thinking about investin...
Is it possible to create an LLC and get a loan to purchase investment properties? Can we move the existing investment properties to the LLC?If this has been already discussed, please share the links. I searched and co...
I'm looking at buying my 1sr rental property. I thunk I can get it in the low 50's. There is an older gentleman that is a multiple millionare here in town that I'm going to try to get my loan through. I'm hoping to ge...
We are buying our primary residential house and are thinking about opening a heloc after closing to pay off the mortgage sooner. In this case is a 15 year mortgage better than a 30 year? Since the interest rate is low...
Can you get away with $50k in this market or do you need $100k?
Hi Everyone,Looking for some advice on my first rental property. Property details:Loan Amount - $324,000Rent - $2900/MonthRevenue/yr after PITI - $7570The current mortgage amount is $1466 and I am paying an extra $24...
I just read this article
http://turnersappraisals.com/fannie-mae-to-pick-lowest-risk-comparables-for-appraisers/
Seems like at the end of January appraisers will have to jump through some extra hoops to deal with t...
Hello everyone,I am currently in Texas, but relatively close to the borders of New Mexico and Arizona. If I want to invest in rentals in one of these other states, does the process become more difficult if I am not a ...
Hi all ! New investor here. I recently took out a HELOC on my first house (had about 50% equity in it) to buy a second property that is multi family and renting out well. My question is with my extra 1000 a month from...