Federico Morales
2nd Fixed Mortgage to Pay Down HELOC
Hello guys,I have a first rental which was my home until i moved for work and rented it out. I took out a HELOC on it to rehab it for rental. Here is where I stand with the current property financing:(1) first mortgag...
Kiara Spence
Connect, Learn, & Prosper
Hi My Name Is Kiara, I Live In The Polk County Area. I Purchased My 1st Home Back In 2021, I Currently Live In The Property I’m A Rookie Who Has A Little To No Experience With Real Estate. My Plan Is To Become An Inve...
Mario Morales
I'm at a crossroads: should I refinance now or persevere and pay down another $40,000
Here's my situation: I accumulated credit card debt to finance my last property rehab, which is now rented and generating income. However, I'm burdened with credit card debt, a HELOC, and a personal loan. Despite hold...
Justin Loveland
Issues with investment properties
Hello everyone, new to this group, but have been investing in real estate for about 5 years now. Rented my house we originally lived in 12 years ago because we couldn’t sell it when we moved and that’s how we got star...
James Africano
Using Seller Financing to Buy a Single Fam Home and Rent Out
Hi guys! I'm new to this site but have been soaking up what I can for the last few weeks. I'm looking to purchase a single family home but am looking into some advice as to possibly approaching seller financing to pur...
Rikin Shah
Private investor new to real estate
Hello! I am new to the Buffalo/williamsville New York area and am looking to get into real estate investing. I am a full time physician and looking to get into real estate investing!
Benjamin Carver
Savings versus Index Fund
Scott Trench states in the conclusion of Chapter 9 that it is "inefficient and dangerous" to attempt high earnings if an investor possesses less than $100,000 ready-to-invest dollars. He goes on to say that it would b...
Alexander Vitro
First Property Decisions
Thinking about making my first property an owner occupied multi family. The obvious benefits being that renters pay your expenses for you. I'm thinking the downside is that it's a pretty slow way to accumulate cap...
Sue Bishop
Definition Of Unpaid Principal Balance?
With regards to the above.1. Is it also known as:a. "outstanding balance"? And:b. the balance owed to the note holder?2. Does anyone know of an online dictionary specifically for notes, mortgages etc?Thanks
Nicholas Weckstein
How to buy more properties
Hello everyone.
I just closed on my first 3unit house a month ago.
Put 25% down
My cash on cash return is
19% annually or 1.7% monthly.
I'll be honest here and say I was very eager to buy and bought at market va...