Angie Guifarro
Should I buy an investment property or personal residence first?
I'm based in Miami, FL and currently rent, though I've been saving up to purchase a home. Home prices are high here so I'm really leaning towards investing out of state or in a different part of Florida to create cash...
Account Closed
Advice needed- already strategizing about my second property...
I'm buying my first property (finally!) with a FHA loan, it's a BEAUTIFUL three unit house in a good neighborhood with a strong rental market, meets all my requirements (off street parking, good schools, quiet street,...
Joe Splitrock
Where do you park your money?
I am wondering if you built up $10,000 or $25,000 or $100,000 in cash to invest, but were not ready to invest, where would you park your money? Would the "location" change based on the dollar amount?- Money market (FD...
Henry Van Eijk
How to afford down payments on investment properties
Hi,I am new here and learning but my question is how do people typically come up with a down payment. If you need 20% down for an investment property, that can be a lot of money. Do people typically use equity (HELOC)...
Samuel Chua
Should I pay my mortgage every 2 weeks instead of every month?
Should I pay my mortgage every 2 weeks instead of every month? Will my slight decrease of cash flow be worth it? Thanks!
John G.
Should I "buy down the rate" by paying mortgage points?
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)....
Jack B.
Cash out refinance or not?
Background:
-Male in late thirties.
-Own several rental properties in the Seattle area.
-Interest rate on currently primary residence/house is 3.25%, no PMI/MIP.
-Tax bracket is 32%.
-Mortgage payment is $974 a...
Lieren Schuette
Where Do You Save Your Money?
Hello everyone! I am a new investor in the process of building my real estate savings, and I'd love to hear where everyone is keeping their own money while waiting to invest it into real estate. I want something wit...
Suya Zhang
remodel investment property with primary home's HELOC or my money
Hi everyone, I'm in San Francisco Bay Area. I have $300k heloc from primary home. I want to better utilize this money. I have two ideas:1. improve investment property with $150k, then the cash flow will be increased b...
Account Closed
Long-term Cash Management Strategy
I am new to real estate investing, but a big issue I see in terms of long-term profit is this:When you have bought a property and begin saving up for the next property, what do you do with the cash you are accumulatin...