Jesse Glatz
My First Investment In 2013
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $90,000
Cash invested: $20,000
SFR purchased in 2013. 3 bed, 2 bath, 2 car detached garage, 1,250 sq. ft. Cosmetic ...
Quaid Cde Baca
<$80K Lenders around?
Hello community, Has anyone else seen a recent shift in lenders with sub $100K mortgages, increasing their minimums loan amounts, increased APR and adding misc. fees?I’m a new CA investor looking out of state, wi...
Lacy Tilley
First Deal, am i being to optimistic?
First deal working on negotiation. This deal would be a duplex side by sides. rents are currently low, very low. My plan would be to go in and raise rents close to market units are in decent shape just need minor upd...
Xia Ji
Pre approval or deal first?
Greetings! I'm interested in doing my first fix and flip and have been looking at hard money loans and portfolio loans. I've been doing some reading on the forums and I'm a bit confused about whether I should be getti...
YiBing T.
To Finance Or To Walk Away?
Hello all,I am fairly new to the BRRRR strategy, currently, I am trying to do a cash out refinance on a property so I can put down for another property. The lender I am working with can only lend 70% LTV, the appraisa...
William Coet
ROI - Bigger Down Payment, Lower Rate, Shorter Term VS. Opposite?
In the following two options which is one offers the larger return on investment for a loan on a rental:
Option 1: 20% Down ($22,200)- 5.25% APR, 20 Year Loan Term ($88,800 Loan Total, Total Loan Cost $143,678).
Opt...
Nitin Goel
Paying off mortgages: primary home vs rental properties
Hello,
Me and my wife are debating whether or not to pay off our homes sooner. We both agree that we should plan to have them all paid off by the time we retire 20 years from now. But there is the question of whether...
Jent Botterman
Advice on Refinancing from an FHA to a 15 or 20 yr Conventional
Hi all - This is my first time posing here, and I'm hoping for some good insight.
I bought a SFH in June with an FHA loan at 2.75% APR. My payment is very manageable at $1,700/month. I've recently reached 20% equit...
Rijm D.
Where to park my Heloc money till ready to invest?
Getting a Heloc, hopefully around 120K. It's a fixed loan product, need to borrow full amount by end of Feb to take advantage of 10y at 4.49%. It being long term and fixed is perfect for what I intend to do with it, j...
Will Pardo
Trying to find the right HELOC terms...
Hello, I've been searching high and low for a HELOC with great terms. They're all pretty much the same and I was about to commit to a local credit union but came across this HELOC. https://www.unifyfcu.com/home-loans#...