My home worths $425K, I owe $200K. I am currently at 15 year 2.75% mortgage (11 Years left).
Option 1:
I can get a cashout refi at around 2.75% for 30 years with $125K cashout. I could use this $125K to buy 1 or 2 ...
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Quick question about the BRRRR strategy. I understand the strategy when you have a higher interest hard money loan and you want to refi into a 30 year fixed lower rate but can someone explain how it can work when you...
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Hi all,
We just wrapped up our latest project and boy was it a doozy. We had an exit strategy planned going into this property, but now that the dust has settled, we see whats selling around us and the appraisal is...
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I'm trying to get my first deal closed and have two options. First, the deal: A forclosure down the street from my house that would be a great buy and hold or flip. It would have maybe 10-20K equity after renovatio...
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Any perspectives on what gutters offer the best tradeoff between durability/reduced maintenance and value-add for a single story SFH? I plan to hold + rent the home for 10+ years, and I'd rather not have to spend a lo...
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We are doing a new kitchen and I never know if its worth the time and cost to remove soffits and install 36" cabinets instead of 30".I always thought 36" was too high for most people to use the top space but my instal...
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I'm flipping this house in Washington D.C and needed an extra bedroom. The two options were digging out the basement and adding a bedroom there or adding an additional floor and putting the bedroom there and leaving t...
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I recently converted my home into a STR. I wanted to stock it with nice to haves like laundry detergent, drying sheets, shampoo, body wash, conditioner, scent oils for a diffuser etc. So far I have been providing a fi...
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Hi everyone, First time owning a property/landlording... I am currently living in one unit that I house hacked, and have two other tenants on the property. I plan to move in the near future and find another multi fami...
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I'm refinancing my primary residence (2-unit, owe $30k), assessed value is $168-180k, that I plan to hold indefinitely. I don't understand how to evaluate the benefits and marginal cost of an additional $30k on hand, ...