Ok for first time new investors, went to multiple of banks and there is no such thing as no money down or 3 or 5 percent low down payments, its normal 20 or 25 percent down, so only way i see to profit from rental o...
Hi everyone! This is my first post. I am getting started in the game of flipping as well as buy and hold properties and wanted a better understanding of how private/ hard money lenders work. When paying back the loan....
I bought an out of state property and have about $50,000 left to pay off for the loan. Anyone know if paying 1 huge principle payment at the end of each year would pay it off faster verses bi weekly payments?
Hi,I’ve been researching the BRRRR method and want to get started. For those that used this method I’m curious to know how you went about finding hard money or Private lenders to fund the deals. Thanks,Briana
Hey everyone,
Still new to learning about real estate investing, specifically rental properties. I was wondering, what are some good methods for bookkeeping when it comes to rental properties? I struggle with account...
Something that I’ve been debating for a while now. I am an existing homeowner $125K value with $895 monthly payment. My other debt payments total $251 per month. My income is $75,000 annually. I’m 23 years old and wan...
I can't figure out why the NOI figure shows $15k. Unless I am missing something, iAm I doing something wrong?Purchasing the property for $110,000 with hard money (13% & 2 points) and then doing a rate term refi (p...
We have 8 rentals and I am torn on which method I want to pursue:
1. Amortize over 30 years and have low payment/large cash flow
2. Amortize over 15 years and have larger payment/smaller cash flow
What's your met...
Ok for first time new investors, i went to multiple of banks and there is no such thing as no money down or 3 or 5 percent low down payments, its normal 20 or 25 percent down, so only way i see to profit from rental...