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So we all know housing will dip/drop at some point. What happens to your equity in situations when you put down 5% vs when you put 20% down?- Buy a 500k house and put 5% down (25k) and the next day housing prices cras...
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Hello Community, Im looking for advice. I currently am burning the candle at both ends, running around so much and in turn, loosing efficiency in my rental business. I currently have 18 doors (rented), 30-35 storage...
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, I own my house with good equity and also two rentals free of mortgage, i have been out of work for the last three years, now i would like to flip and buy and hold rental properties. i do have cash for down payment,...
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Good Morning,
My name is Rich Boughton and I live in Wilmington, NC and am new to real estate investing and have not yet done a deal. In preparation for financing, I have started speaking with banks. My strategy i...
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Hi, I am in a pretty tough spot I have flipped some properties successfully. I decided to do the BRRRR strategy on this one house. I currently have it rented as of March 2022 for $1381 section 8. But when I went to...
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Being a mortgage agent I get a lot of questions about these types of Mortgages on here thought I'd share in a thread for reference. I think Purchase Plus Improvements are great I've personally used them for my last 5 ...
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Can someone explain refinancing in detail I think I get it but a little confused on the process on how it works and when it can be done thanks.
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What is the best bank to take out a person loan to put a downpayment on a home?
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Hello everyone!I recently closed on my first duplex that I will be house hacking. The duplex came with long term tenants (9 years) as well as the year lease they resigned shortly before I bought the house. During the ...
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Last week I met with a local financial adviser. I informed him that I'm a real estate investor, so he suggested Infinite Banking as possible financing option. The infinite banking sounds similar to using $401k or IR...