A partner and I have a 4-unit resort style short term rental property, purchased for 430k, owe 323K on a 5 yr balloon at 4% with 37 months remaining. We looked at refinancing to a 10 year balloon at 4.5% but given the...
Hi,
I have a house that is owned fully by me (no mortgage) that I created a lease option on with a lessee. The FMV is about 165k. I received a 15k down payment and am receiving monthly payments of $1578 for so many ...
Hi Everybody,I currently have a house in Los Angeles, I owe 250K right now. My house appraises around 400K. I am not happy in this community since the school districts are really bad and i had a few brake ins.I have a...
This may come down to not understanding Subject to as well as I need to, but I had a few questions on the strategy as it relates to payments and equity built in the property. For context, I am trying to figure out if ...
Hi, my hub and I have $100K invested in the market for a year. The money have up and down and up and down. We are looking for a way to grow that money and this is that we had in mind. - When we bought our current home...
I have a former primary residence. I am wondering what forum members would do.The house will likely sell for around 155kI owe 55k on first, and 50k on secondMarket rent, is likely around 1250 a month.Roof was done rec...
I just purchased my first duplex here in the Tampa area in Florida using the VA loan. I’m looking to continue my real estate investing venture. Only problem is that I have to live in one side of the duplex (VA require...
I'm looking for some ideas on how to handle the financing side of a rental I own. It's our first RE investment and I think it's been a good one so far. We bought it just over a year ago, using a HELOC on our primary r...
I have a property paid for and cash flowing now like to get cash out purchase another investment in NashvillePlease any suggestion for both Cash out Refi and DSCR loan for new investment purchaseThanks Joe P
Question for those with more experienceShould I hold our current home as rental for 0-$100 per month cash flow for 10 years to be paid off, or take the cash out and sell now?My family and I are closing on our next per...