How can you do a 15 year loan to ensure your home is paid off in the 15 years? Higher interest rate and/or more money down?
Hi! Does anyone have any tips on how to go about making extra payments to mortgage principal? I'm a contractor right now so my salary is constantly changing, but as soon as I get paid, I'd like to make some small extr...
Why are rock stars turning to real estate side hustles to pay their bills? During the lockdowns, many musicians, gig workers, and creatives saw their income streams dwindle. There were no shows to play, no tours to at...
I am currently working on building a 480sqft 1 bedroom, 1 bathroom unit in the backyard of a rental property. Initially my goal was to have a loft with an extra bed in the unit to be more attractive for short term ren...
I'm looking through the MLS and find this duplex. Looks nice and in a decent B-class neighborhood. There has been some rehabbing, floors, walls, etc. throughout both units. Both sides have 2 beds but one side is one...
Listening to The Bigger Pockets Podcast with J Scott got me thinking about how I am currently saving my money to begin investing in real estate. I am currently saving an X amount each month to invest with, but I also ...
Can anyone point me towards an online calculator that will show how much sooner we would pay off our mortgage if we divided our monthly repayment amount by two and paid that amount (half of a monthly amount) every two...
Hi all,
Second home Loan
Around 45% downpayment (to meet 50% DTI)6% apr1800/month mortgage (principle and interest)
Investment Loan
only 20% down7% apr2900/month mortgage (principle and interest)
Notes:
I can ...
Me and my wife recently bought a new residence place for primary living. This is our first propertyWe are under conventional loan at 4.1% interest rate for 30 years. We dont want to keep paying for those many years ca...
Hi Everyone,I'm looking for some advice (Pros/Cons) whether I should invest my extra income into a savings vehicle that will essentially guarantee me a 7% return annually or if I should put the extra money to paying d...