Hey all,So, I am hopefully closing on my first rental property at the end of this month. Happens to be my own office (commercial condo in a Medical building), so I've got a pain in the ass tenant :)Anyway, I created ...
This newbie is so lost! I can’t seem to find that first golden goose property. W2 mindset is creeping back in! Analyses paralyses is lurking right behind. I need an accountability partner and a mentor……any ideas guys?...
How can you do a 15 year loan to ensure your home is paid off in the 15 years? Higher interest rate and/or more money down?
Hi, I have a loan ( commercial) @ 4% with 40% equity built in and remaining payoff about 117K. I would like to reduce my interest rate and also reduce monthly payments. Thinking of refi with 5 yr ARM. I know I can...
In a high-interest rate environment, every penny counts when it comes to managing your finances. One area where this is particularly true is in paying down your mortgage. For most people, their mortgage is their large...
Just sharing as I saw a couple posts in regards to "who's still lending?" For context, last week LendingHome tacked on a 4,000 service fee (which on a 100k loan is an additional 4 points on top of the 1-2 points you'...
I have a question about the appropriate amount of information that should be revealed in an ad regarding the credit scores and exposed incomes requirements we seek. I wish to reduce calls and meetings with folk that d...
Hello everyone.I've been scouring the internet for a while and I can't seem to come by depreciation. What an accountant has told me is that depreciation can stack year over year if you have excess leftover. For exampl...
I`m buying an REO with transactional funds and doing a double closing to flip it immediately.I`m buying for $43k total,reselling for $82k.Now the transactional funds are paid back pretty much at the end of the double ...
Hello,I'm in Texas and am I wanting to discuss the possibility of kick starting my real estate investment journey with STR and also using that offset a fairly large W2 tax liability I have this year.I basically need t...