Keetaek Hong
Short Term Rental and Interest-Only option
We are looking to acquire a Short-Term-Rental in AZ. From one of the lenders, we are seeing a favorable rate using ARM 7/6 IO-only (30yr amortization) option. If I am willing to make a periodical lump sum payment duri...
Joel Owens
Forgiven debt extended for short sales on primary houses until Jan 1st 2014
I saw this on the net today. Just thought others who are investors looking to buy short sales or owners wanting to sell would like to know.
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Josh Saul
Replace your mortgage with a HELOC
Hey Folks,I've been looking into the concept of replacing our home mortgage with a fixed rate HELOC as described on sites like Replaceyourmortgage.com. They want about $2000-2500 for their coaching and information. ...
Richard Heineman
Velocity Banking Strategy
I'm interested in implementing the velocity banking startegy to pay down debt quickly. However, I don't own a home or any property for that matter. Can I set up an LLC for my business and build up my business credit...
Joshua Andrews
Method of ROI calculation for notes
I've seen several types of calculations used to determine return on a note. One is the cash on cash method, and the other most frequently used is the IRR.
I am familiar with how to calculate both on typical r...
Grant F.
Cash Cow or Money Pit?
I found an off market 4BR/3BR home in a 'B' neighborhood. The home has sat vacant for 20 years (yikes!) but small stuff has been addressed and maintained. The home ARV is around 450k-500k conservatively but it likely ...
Casey Martin
Owner Occupied question
Hi, I am looking at ways to acquire rental property. I have a current home which I have lived in for 2 years with an FHA loan. I am wondering if I could move to a different home in the same area and acquire a “normal”...
Daniel Wrentz
Interest only Mortgages
Hi all, Let me know if I’m seeing this right. Interest only mortgages look attractive, they can boost your cash flow way up for your rental. But essentially it’s just you getting your principal pay down in cash monthl...
John Mangiameli
What don’t I get about YouTube “entrepreneurs” & interest only?
Hey Cats,New to MF, not new to RE. Still seems like I’m missing something about how the big(er) boys play this game. You know the usual suspects for RE content on YouTube. Why is it when they break down their financin...
Gary Schmalz
How many flips in a year?
We are brand new to the real estate game, and have been researching the filpping, and investing. Have many dreams about the future, but our realtor told us today that we can only have 4 transactions a year without a ...