Hey everyone, real estate investor from Alaska here. I’m interested in the buy and hold strategy, I own a couple rental properties here in state but I’ve been interested in Midwest due to low property costs. I’ve been...
So when i first started i bought a duplex for $16,000 put $5,000 into repairs and went to a local bank that lent me a line of credit for 80% of the appraised value which was like $45,000 so i rolled that into my next ...
I close on my 1st residential single family property on July 6. I'm currently setting up rehab resources but I'd like to get some advise on when I should start looking for refinance options? now? After the close? Afte...
Hi everyone. My names is Andrea and looking to see what people are currently doing in regards to pulling your money out to move on to the next property. Just did a rehab I already on a property that has 2 homes in on...
I was reviewing my payment statement from the mortgage company and have always been confused at the interest rate etc.
Right now it shows: Payment-$1350.55, interest-$937.17, Escrow-$78.55
We have a interest rate of...
First, I have not done the full blown analysis on this offering because it was an offering that did not interest me overall- but I want to add the caveat that I have not run numbers and have not formed an opinion that...
If the seller dosnt want to sell at the price I am offering and the next choice is a sellers finance how exactly does that work?
Thanks!
I am purchasing my 2nd rental property "buy and hold" with conventional financing 20% down. I have very good credit score probably around 800 (i think). Do you think 5.50% is a good interest rate or should I shop aro...
Is it ok to assume interest rates will lower in the future, not immediate future but eventually, when analyzing a potential deals CoC return. As of right now, a particular deal I'm analyzing doesn't have the best CoC...
Hello, A few months ago I wrote about how I was done procrastinating and ready to get in the game. Since then I have been viewing properties and today I saw one that I thing the numbers might make sense and I am ready...