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I’ve heard on multiple podcasts about the 203k loan that you’re able to either defer or roll the payments into your mortgage while the work was being completed for up to 6 months to prevent people from having to pay r...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $390,000
I purchased this single family house in the Twin Cities (Minneapolis-St. Paul) to rent out and also hold onto ...
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What is the general rule on buying investment STR property if you cant normally absorb the mortgage payment forever? I have enough set aside that i could go a little over a year with no rental income. But is it normal...
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First Deal a Condo, Thoughts? 2 bedroom, 1 Bath 940sq ft. Right now it is on a 12 month Lease until January 2021 @ $850/mo (about 70$) below market rents in the area. HOA covers Water, Sewer, Cable, Trash, and Communi...
My first post!
Hello, I can't seem to get a proper answer on this topic: Is mortgage interest an expense?
Some people seem to include it, other seems to think it shouldn't be included because the mortga...
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I have a multifamily I utilized my VA loan on which I refinanced at a 2.25% during Covid. I am looking at freeing up my VA entailment and refinancing into a 7/1 ARM at 5.0% . I would like to use my VA loan to purchase...
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Hello everyone, I've been looking to get into real estate for years!! I finally have enough money and a decent job after finishing my masters. I am having one small hurdle I for some reason can't figure out mentally. ...
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Hi
I'm looking for positive cash-flow properties that has a potential of appreciation as well for $350k or under.
With current interest rates, mortgage payments will be quite high so I will need some kind of prope...
Knowing how to get a mortgage is a crucial step in your journey to buy a rental property. Of course, the money side of things can be intimidating. How do you find a lender? What type of mortgage do you need? When shou...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $275,000
Cash invested: $10,000
I searched for duplexes in my area using Zillow in 2015. At the time, new du...