Save? Or Pay down mortgage aggressively to later use a heloc for investing? I own my house with about 30% equity. And currently 5k in savings. My goal is to get my first rental property this year. My thought is if I p...
For owner financing, can you put in the contract that the buyer has try to refi within a certain timeframe? If so, how would that look and how to enforce?
Thanks!
I am curious what market factors experienced investors look for when they are deciding whether to rehab and hold or rehab and resell. Obviously the fewer Average Days On the Market, the better (I'm thinking up to 90-1...
I am financing a foreclosure. However I am thinking of possibly getting a home equity on my current house in case there are issues with the financing. My question - does anyone know any places go get a fast home equit...
I finished my first property in Euclid, OH a nice duplex with finished third floor. The top unit is a 3/2 and the bottom, mi casa pro tempora while on break from school, is a 2/2. Before:After:I will be in a positio...
As the title states, I have $50k saved and ready to invest and have a personal home with 3% interest rate loan. My market has a high cost of entry so my initial thought is finding a market with a lower cost to enter....
Hi,My COC on potential deal is lower (conservative) around 2-6%. But IRR is more around 20-32% (depending on my final purchase price . I am long hold on this property , in an area where I believe it will really gain i...
Welcome to our Question of the Week! As we have now entered the holiday season and winter, I thought we would shift to discussing how to fill vacancies during this time of year. What are your suggestions that work or ...
What are the average rates, points and terms are you all seeing in the market for Private Money lending?
I purchased the first property in August 2009 and I entered into the current loan in Dec 2012. The original loan amount was $145,000 and I currently owe $119,000. Refinancing will lower my payment by about $130 per mo...