Just some background to help you guys get a full picture of where I am and where I want to go. I am a 29 year old guy who has a law degree and well over $140k in student loans. My student loans have not kept me from g...
Do you pay 2 different mortgages with either one?
Has anyone had any experience using delayed financing for the BRRRR method? What are the pros and cons to this versus a traditional re-finance? I understand there is no seasoning period, but does that mean that you al...
I was looking over the health exchange website and one of the income questions was Net Rental Income amount. Does net rental income factor in depreciation? Or is depreciation a different type of expense because you...
Hello all,I am 2 weeks away from closing on my first home, which I plan to turn into a rental property after living there for about 2 years and putting in some sweat equity. Because this is my first purchase I am not ...
$50k purchase price, $7-10k in repairs. Cash Purchase and Cash Funded Repairs. Market rent $800/Month. Currently unoccupied.
Looking at purchasing and doing repairs within 1st Month and then finding a tenant(2-6 wee...
Hello!
Thank you for such a great community and active forum!
I have gotten an offer from a lender on a Cash out refinance. I am fairly new to this and this is my first Cash out refinance. It would be a residential ...
Hey all, first post here. I'm happy to say that my wife and I just had our offer accepted on our first 2 unit. We are doing an all cash deal with a relatively quick closing. Both units are occupied with long term t...
Can you roll your cash out refinance closing costs into your new loan? So say i bought a house for $200k, payed it off to $130k. And i got and refinance it to the new amount of let’s say $250k. That’s $100k-ish i can ...
My first post and rental property purchase! I'm closing on a 31K rental property. I have cash, but am considering getting a conventional mortgage and possibly buying a second rental property. Here are the two scenar...