I'm just about to close on my first rental property -- a duplex. Currently, my wife and I contribute the yearly maximum to our employer 401K plans to decrease our taxable income. However, now we are considering r...
I'm purchasing my first STR, which is currently being managed by Vacasa. It's linked to the house next door, which has been helpul in bringing in large groups who want to rent both, but I don't see that as a good eno...
We've purchased our first investment property in a "revitalization" neighborhood. It has been on the market for about two months now. We originally didn't accept section 8 or housing tenants, but are reconsidering bec...
I have been renting my first home out for 3 years. The rent I collect 1950/month which is two times the mortgage payment. I only owe $45,000 and I'm considering paying off the house within the next 2 years. What are y...
Hi everyone! We're about to refinance our rental property and I am looking for some advice. Here is some background information first. The property is located in Tempe, AZ and is currently valued at approximately $200...
Hey!
I wanted to reach out and see if anyone had any experience getting a multifamily unit using an FHA loan.
Specifically,
1) How does the process work?
2) Do you find a property and pitch the “idea” to a bank?
...
Hi EveryoneThis is a question I’ve been pondering for quite some time now. Currently I owe roughly about $300K on my principle residence. Over the past 1-2 years I’ve purchased 5 rental properties that all cash flow w...
Investment Info:
Single-family residence other investment.
Purchase price: $182,500
Cash invested: $3,500
Sale price: $185,000
This property is my first house hack. It is a 3 bed 2 bath single-fa...
I am going to be a first time landlord. We currently reside in the home that is our to be rental. We plan on purchasing a new washer and dryer for our new residence.The current washer and dryer are old and probably ar...
Question, first deal. For a Single Family Home. What would you suggest, 15 year fixed or a 30 year fixed? Please tell me which one and why and also if you are willing positives or negatives if either. Thank you al...