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...
I am a few weeks into my research for real estate investing and I was curious on some of the best ways to start. I have some money saved but not enough to make a cash offer on my own, what is a good source for beginne...
Hi All,
I thought I would put this situation out to the community to see what others would do.
I purchased a condo in 2019 for 178k cash. Due to a pending lawsuit against the HOA from a fire in 2014 the condo cur...
Hey there, I'm considering an Offset Mortgage (also known as All-in-One loans, or Accelerator mortgages). My understanding is that this has not been allowed in the US until recently do to tax reasons, but is more comm...
I spoke with a guy at lending tree, and said i was looking at a 185k house with about 50k down on a 15 year mortgage. He said closing costs would likely be 5k. But when i asked the realtor, she said 5-6% which would...
Hello Investors, I jut got to the bank for my mortgage pre-approval to see how much I am qualified for. And to my surprise as with the new rules, they do the stress test or qualify at 5.14% interest rate and looking a...
When mortgaging or refinancing property, there are three types of mortgage options that you can choose from. These are the three basic mortgage options:
1. Fixed Rate Mortgages
2. Adjustable Rate Mortgages
3. Balloon ...
Hello, I am an investor, new to real estate, and I have a few questions that I haven't seen answered here in the forums yet (apologies if I missed things, I haven't read everything yet). My questions mainly pertain t...
I am currently searching for my next multi-family in the Clark Summit, Scranton or Great Bend PA area. I just finished a rehab in Great Bend PA and am trying to decide if I should ReFi or or get a HELOC on my latest ...
Hi all, Question is 2 part: Just finished Rehab on a property in Ocean Co that I got for 110,000. Tenant moving in November 1. Comps are in the high 160, low 170 range. I did about $18,000 in repairs. I'm looking ...