I'm interested in purchasing a property like this, but the one lender I talked to said it may be difficult to find enough comps like this to do an appraisal. What are my options to finance? I don't really want to purc...
Hi Everyone, just a quick green noob question here. Trying to make the best $ decision. Here is my scenario. Have a good credit score. We rent out our 1st home which we still have a mortgage on with only 56k left ...
Hi All,I am currently having a debate with my partner regarding cash on cash targets. Currently we are targeting 20% cash on cash returns after mortgage. Our previous experience has been with SFH and we find 15%-20% a...
Purchased a home during the pandemic, value has gone up roughly 2.5(estimating), believe i have enough value in a HELOC to get a down payment on a second home.. is it a wise decision to add that to my plate then rent ...
Hi, looking to invest into a single family home to rent out. Is it common for a bank to say that they need 35% down and the longest loan length they have is 20 year variable interest rate? From what I understand, that...
Hello all, just want some advice on which to use to finance my first investment property. A conventional loan or a HELCO? Property price I am looking at is between $30,00-50,000 for SFH.
I have a rental property with over 100k of equity. I want to access that money to buy another rental for a long term hold. I also want to keep the current rental that has the equity long term and not sell it. What is ...
Hey guys,Im wondering what type of numbers do you look at per year when evaluating a property.How much money do you shoot for to earn yearly after mortgage, taxes and insuranve paid (not including other variables) $10...
Cash Flow Question
I have a CASH FLOW question. I searched the forums for an answer and could not find one. Forgive me if this has been answered.
When calculating cash flow is cash flow based on solely total ...
Looking for recommendations for a great HELOC lender in San Diego, CA (rates, responsiveness, etc.).