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...
Just looking for some advice. Thinking about utilizing the VA cashout refinance for 100% LTV. In doing this I would lower my interest rate from a 3.75% to a 3.5% and only add about 150$ to P&I on my mortgage. Shou...
Hey everyone!I’m in the process of completing my first cash out refinance and I would just like some advice. I have two options at my disposal. I owe 120k and my property was appraised for 270k. My first option is a 7...
What is the difference between ROI-Return on Investment and CCR-Cash on Cash Return?
A lot of people seem to use them to mean the same thing and I am getting very confused.
West Coast to East Coast BPS,I have been considering jumping coasts for some time now. I have probably about 20 Aunts and Uncles over in the Jacksonville area and countless amounts of cousins so my sphere would be qu...
I am trying to purchase a duplex at $25k. My plan is to BRRRR. My concern is amount I would get out to pay HML with cash out refi. I predict it will currently appraise around the $45k area untouched. It’s a small town...
My wife and I are in our mid-50s and earn a combined gross income of $193,000. We are planning a move to a southern state within the year. We currently own two homes with mortgages – a rental property and our personal...
How do I determine the percentage of return on investment to calculate on a property.
Hi forum, thank you in advance for your ideas, thoughts and perspective. I am new to RE investing and want to get started on the right foot. We are about to close on a new home and our original idea was to rent out ou...
Hi everyone,
What are the differences between HELOCs and Cash out Refinances?
How can I do one of these strategies in a way that does not affect my personal debt to income ratio? LLC?
Thanks!