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Hello Friends, I wanted to find out ROI on my investment and I have come up with basic calculator. I wanted someone to review my personalized calculator and suggest any edits.Monthly rent (and other additional perks)(...
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Trying to figure out what the best path is to FI/RE. My wife and I make around $190K/yr and currently live in a home that we don’t plan on leaving anytime soon. If we did leave, we would rent it out anyway.
Our SFH ...
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All you note investors out there, is any one aware of a state that allows attorneys fees or foreclosure costs to be not only added to the outstanding principal the borrower owes but also to accrue interest in their ow...
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Hi BPI am currently seeking a multi-family using an FHA Loan. I will reside in one of the units and rent all other units. My questions is...how long do I need to reside in the property in order to meet the FHA require...
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I was trying to find some information on the new Making Homes Affordable program and in particular the Modification portion and found the following in a nut shell:
1) Reduce your PITIA (principal, interest, taxes, i...
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I am researching a note I came across. AT first it seems like a pretty standard note. It is a Mobile home with the lot for sale for 45000. The Owner received $20,000 down and carried a note for $25000. The interest...
I have a condo in Seattle that used to be my primary residence in a location close to Amazon HQ. I've moved to the 'burbs and have been renting it out for the last 10 years. Here are the key stats:
$550k Zestimate (a...
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I’m reading conflicting information on using the BRRRR method in todays economy (2023). With interest rates higher, is it worth it? Are hard money loans unaffordable now as well? What’s the best strategy for real esta...
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I have been researching jumbo loans and I understand how they generally work. But they raise some quesitons.
1. When does the lender contact the mortgagor regarding the principal? A year before the maturity date or...
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We were given these two options when we refinanced our house recently: 5.25% with $8000 cost OR 5.875%. My husband chose 5.875% with the following reasoning:"If I had applied for a 5.25% rate for a $401250 loan, the l...