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Currently I have rental property which is rent out for $1500 per month. The house is 15 years old. I have $89.000 15 year mortgage (5 percent interest rate monthly payment including insurance is $1300) for that second...
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I close on a 4-plex next week. It is fully rented and the expenses are low, and even though the rents are low it is cash flowing nicely. We met with the landlord last week and found out that 2 of the 4 tenants are be...
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I am looking to purchase a 4 unit apartment complex and living in one unit. I can get a VA loan with 0% down, which does not increase the interest rate. I am use to thinking that I should put a good down payment dow...
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I am 36 and currently researching real estate investing. I have about $60k in student loan debt spread out over 6 loans and am making about $450 in monthly payments. I have approximately 22-27 years left on my curren...
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A property owner is looking to sell his property to me. he's retireing, I got all the numbers worked out, applied the 50% rule and get a cash flow of about 2700 a month.
I'm 23 years old and dont have cash reserves ...
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I am coming up 20 years in the Army. Preparing to retire. Have paid down all debt except 3 mortgages and one vehicle. The plan was to retire debt free with exception of the vehicle. With the current COVID pandemic, T...
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Hello Everyone, I am looking for some education on Hard Money. When I purchase a property with hard money, do I still have to wait for 6 months before I can refinance? Or is hard money considered the same as cash, so ...
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Total PITI : $2,800 p/m ADU: Rents : $1900 p/m Home : would rent for $3k per month Potential Gross cash flow: $2,100 per month Purchase: $500k Current ARV: $900k Can these numbers be achieved today with high interest ...
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I've heard that FHA loans are a good place to start for beginners because of their low downpayment. However, I'm confused on how lower down payments help those with limited capital because the monthly payments are con...
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hi! Im in southern ca & i know this question has been asked several times in the past but I wanted to ask if anyone in the Last 6 months has used heloc money from their primary residence as the cash needed for 20%...