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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $275,000
Cash invested: $10,000
I searched for duplexes in my area using Zillow in 2015. At the time, new du...
I have been investing for 3 years and so far my cash flow percentage (out of total rental income) is around 1.5%. (cash flow from operations / total rental income) * 100% How much cash flow are you getting?
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I've been reading up on Subject-To sales and they sound good on the surface, but I have a couple questions:1. If I buy someone's house and take over their mortgage payments, they have to move somewhere else, but the m...
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This may be a silly question, but why does everyone seem to refer to the 30 year mortgage when talking about refinancing in the BRRRR strategy? Could it not possibly be better to do a 15 year mortgage to reduce the a...
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Ok let’s say I have a mortgage on a house amortized for 30 years. The property earns about $300 a month in positive cash flow. I would like to reinvest this money but would like to know where it’s better off. Should I...
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My fiancé is on the mortgage of our primary home, but I am not. We do split the payment but there is no lease or anything legally binding forcing me to pay each month.
We’re looking at buying an investment property ...
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I was calculating my cash on cash returns on a property I bought a few months ago.
My cash flow is about a $1000 a month, and for the past 6 months $600 of my mortgage payment went toward the principal.
Is my cash on...
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Hello everyone,
My wife and I own a mutli-family home and purchased it in February 2022 for 495,000. We put 5% down using an FHA loan and currently have an outstanding balance of 450,063. We opted for the FHA so we c...
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Hello,I will be financing my purchase and renovation costs (with a down payment of course) and was wondering in calculating my ROI….Do you calculate the ROI as the total CASH out of your pocket (Down payment, closings...
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If I am trying to buy a single family home rental does it make sense to lower my cash flow in favor of a 15 year mortgage as opposed to a longer 30 year mortgage so that I can pay down the loan faster?