Hello All,For the last year or year and a half I have been hearing people (in person or online) saying that the housing market is bound to crash, with the inflated prices of most homes going down significantly. But th...
Hello BP, I am currently looking at markets that I may want to work and live in once I graduate college but I find that in every market that I look into there is only 1 or 2 duplexes in the area. I would consider rent...
Hi Guys,I have a SFH in AZ that currently has a 8.25% DSCR 5 year prepayment penalty of 15k. I have a 800+ credit score and a one year lease in place that is 1.00 of the PITI. Current loan balance is 302k. Current va...
Hello,
As a beginning investor, what down payment amount would you suggest if doing a traditional mortgage? Of course, putting more down like 30 % would make it look like the property cash flows well, but is it wort...
Bought a primary residence with 10% down. Property has appreciated in 6 months so I can refi myself out of PMI. However, interest rate is going up by .125% and i have to pay closing costs of 2500. Is that normal? Tot...
Hello I am new here and about to get our first property which is a duplex, $115k purchase price with a conventional loan, 20% down payment and interest is around 4.9%.I received the closing disclosures from the lender...
My short term rentals seem to be slower this year than last year. I was on a local FB group and noticed many people complaining their numbers where down too. So I thought I'd get a broader view of this by seeing if ot...
Ok. Seriously. I finally decided to get the AMEX Platinum card. I like the perks that come with it. Being a RE investor, I figure, why don't I put the downpayment on my Amex, and treat myself to a vacation once I...
Hey everyone,So I am buying my second rental property, and having trouble finding deals that can cashflow at least cashflow 250-300 a month due to the high interest rates I am looking at (SFRS). I wanted to see what ...
http://www.businessinsider.com/housing-bubble-2-ha... Interesting article. The Dallas magazine cover is also very catchy. Overall, we are seeing Fed interest rates so low and for such a long time, that it has never ha...