Hi all,I've found an individual interested in doing some private money loans to allow me to buy for cash. However, this is an area I have no experience in yet. I've spent a few hrs on BP but I haven't understood enoug...
Three years ago, I invested in my first property as a primary residence, a duplex in NY that is worth about $125k and I owe about $74k on it. At the time, I didn't know much about the power of HELOCs and ended up goin...
Hi,
I am just getting started and wanted to free up money to be more flexible. My current home has LTV of about 50% and I am on a conventional 30 year at 3.5%. I've been paying Bi weekly payment and will continue t...
I am doing some DD on possibly renting out my Houston property that I have been living in for 12 years. I am using the bigger pockets rental calculator, and I am having some difficulty on the loan portion. I owe appro...
Wonder if anyone has used this interesting strategy that I was kicking around Lets say you get a seller financing deal for 100,000, 30 year amortization, 8 year balloon @ 3% (balloon payment would be $81,829.19 after ...
Hey All- I wanted to get some feedback on a rental condo I have North of Columbus, OH. Some background on it:-It's rented and I self manage. Tenant has been there for 4 years. Condo is 13 yrs old. Cash Flow is $50 ...
I am looking at my first possible deal, but it seems complicated. The house I am looking to buy is for sale by one of my Husband's friends, she is facing several hardships and needs this property sold ... like yesterd...
Hi. A friend of mine has a residential SFR with an ARV of ~$400k in Southern Cal here where we live, and is asking me for help to fix n flip so she can cash out of the property. She owes $257K. I have the cash for the...
i don't see any chatter on here about the benefits about principal paydown.
if someone's had a house for a while & the principal applied is $300, $400, $500 per month that IS increasing your net worth ASSUMING th...
Hello,
I purchased my first primary home in May of 2009. Just bought a new primary in April 2014 and kept our first as a rental property. I'm just trying to figure out whether or not it's worth keeping this house As ...