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Based on my understanding, purchasing points typically necessitates holding the mortgage for 5-6 years to reach the break-even point. Given the current scenario, there's a high probability that mortgage rates may decr...
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Hello,I am a new to the game and I am trying to wrap my head around some of the terms I see used a lot on these forums. I would like to know the difference between hard money lenders, equity partners, and private mone...
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Whats up guys. So we finally got a signed contract from the sellers. My attorney notified me saying that they are kind of a pain to deal with ( I've read that everywhere) but she also stated that usually the buyer wir...
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I typically give a $50-75/m maintenance discount off rent to a tenant that is willing to do the small stuff and coordinate the big stuff for me. I'm now to the point where I'd like to have the same person/company (in...
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I used Dealmachine to send out a few hundred postcards to a particular list. I negligently didn't scrub for owners who have multiple properties, some which had up to 6 or so in this area. For those using Dealmachine p...
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Starting the process to build a house. Evaluating my financing options. Any guidance on construction loans vs end loans would be appreciated. Don't see much about "end loans" out there...
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Hello, I’m having trouble wrapping my head around a creative way to borrow money and refinance to pay that person back. Back story is, I’ve done the unthinkable and relocated with no housing or employment lined up, ho...
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Would military members able to utilize an AirBnB with BAH money? Hoping to set up an AirBnB near an air force base that would primarily serve soldiers on short term assignments. I read an article stating that DoD rest...
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Hello BP - Before anyone directs me to the "How to evict a tenant guide", I did skim through and I will go forward and read the whole thing.TL:DR - Do you let a tenant know that you will be starting eviction if they d...
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Hello, I am new to REI and still crossing some bridges for the first time. My question today relates to the following scenario:I have some kitchens and bathrooms that need to be remodeled in several of my units. An ...