Chris M.
Blew it all in one shot.
Saved about 100k to get into the business. Sent 2k yellow letters with a few hits. Steadily getting more hits, but here lies the problem. Spent 20k on 9 acres of vacant land in the heart of town. Then, made the kne...
Craig N.
Does this type of financing term exist?
I would like to borrow a sum of money whereby I pay the interest monthly or quarterly, and pay the full principle back at maturity along with the final interest payment. For example, a 5% monthly-pay $100K loan for 5 ...
Steve Totino
What should my next move be?
Hi i'm trying to mimick a portfolio like this
50% Stocks (mostly s&p500 and total stock) 0% Bonds 40% Real Estate, the rest into savings account for emergency funds. I'm 28 years old.
https://www.financialsamura...
Iain A.
Analyzing Deal on Land Contract With Ballon
I'm trying to run the numbers on this 2 unit Duplex in my home town of Port Huron, Michigan. So, with the land contract terms of $115,900 at 6.5% with a 5 year balloon I would pay roughly $732 a month to the seller f...
Ryan Cartier
Need advice on cash out refinance.
I just put a property under contract that I was going to flip. After looking at some info on cash out refinancing, I am now considering this as it would be a strong rental in a great area.My situation:This would be my...
Luke Schmitt
More upside: Two-flat rental or sfh with big downpayment
First time poster, can’t wait to tap into all of your insight. I own a two flat (purchased for $400K in 04/15) which was completely updated in 2013 in 60618 Chicago. I have a 30-yr fha fixed mortgage at 3.5%, with PMI...
Lynn Maher
advice on commercial loan terms
Hello! I am looking at a property that includes 6 homes, 1 duplex and a larger home that rents by the room. He'd like a cash down payment and as he states it is a "commercial loan that needs to be renewed every 5 ye...
Marcus Nielson
Having trouble determining rent!
I own a town house in Mesa, AZ that I remodeled. My wife and I have been living in it for the past few years. We bought it with the intention of one day renting it out (we are new to land lording). It is technically a...
Cameron Leckliter
HELOC, refinance, or equity loan on paid off rental.
I currently own (through various circumstances) my only rental property outright. House has been a rental since 2016, 2/1 renting at 1100mo (which is on the low end). Based on similar houses its worth around 180k.So n...
Joseph Salzillo
House Flip to Myself: $164,000 in increased value!
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $321,000
Cash invested: $95,000
I flipped this property to myself!! This was a pretty big rehab project and took a ...