Hi,Assume there is no cost for mortgage requesting for my lender. Assume my marginal income tax bracket is very high, and mortgage rate is 5.25%. If I have lump-sum free cash, should I just apply it to my mortgage to ...
I am currently in the military for 17 years, have 2 elementary school aged kids and I have been dabbling in RE investing for over 15 years and still have a lot to learn, but have a 'this or that' question for you guys...
Hello, I am an investor in the DC, Maryland, Virginia area. I love in Montgomery County. Currently I own one SFH rental in Lanham (PG County). I bought the house for about 180K and collect $1800 per month (about $500 ...
Hi,
What would you do?
I have 3 homes ( 2 with mortgage 1 free and clear)
If I refinance the free and clear I can pay off the 2 that have a mortgage. the number are as follow.
collecting $1250 from the free and c...
We are in a position where we have had a lot of equity growth in one of our rentals (which we actually bought for cash flow) and having recently picked up some more properties are out of cash. Our portfolio now is doi...
Heres the situation:
The house is owned free and clear
Seller is motivated but not desperate. It was listed on MLS and didn't sell.
ARV: $150k
Rehab est: 20k
My cash offer: 80k
I...
A friend and I are looking to partner up and purchase our first investment House Hack with cash (His capital, I do all the work). The current intention is to purchase that property, utilize some method to pull that ca...
I have a very good interest rates on my truck and home. 1.99/2.5. I have considered paying those down to "free up" cash long term, but I'm also considering the facts that my loans, especially on the truck, are nearly...
Hello,I have purchased a townhome with cash, free n clear. It’s a new construction from builder. I need to finance it now (to pay back the money I used for it). Is this also a cash out refinancing? Do I have to wait ...
During my education process I've heard of two opposing points of view in regards to debt service when cash flowing rentals; Point One - Pay off debt as fast as possible. The theories I have heard are paying down debt ...