I'm looking at buying a property to live in and eventually rent. My lender is suggesting a 10 year fixed vs a 30 year right now due to rates. My strategy is to keep the home long term so to me a 10 year doesn't seem l...
Hi all,I'm buying my second 4 unit in Wash Park, Denver with a small group of investors and am hoping to get feedback on two different approaches to structuring it.Approach #1 is to buy the home in my name with a 75% ...
This is my question, I am looking at these two products, what are your thoughts?Fixed-Rate Equity Loan
The best part about our Fixed-Rate Equity Loan is stability. This is a great option if you’re in need of a specif...
I'm trying to be extra cautious incase something happens at my rental in which I would need more coverage. My friend put his rental in a LLC and he states it will cover him if there is a lawsuit etc. My realtor was r...
I am very familiar with this rule of thumb, however it seems so misguided and arbitrary and takes into account almost nothing other than a base rental assumption.Say you've got a 10 unit building and most tenants are ...
Just starting out. Using equity. Should I use a Loan or Line of Credit? Should I use a Mortgage Company or Credit Union? In the Houston Market, should I fix and flip or house hack a duplex?
Hello,I will soon be moving to Texas for work. I plan on buying my first home out there, but I am also planning on beginning to invest in buy and hold properties soon after I move. My wife and I will both be getting p...
Wife and I decided we want to ‘house hack’ (owner-occupied multiunit) our first home purchase. We have 800 FICOs combined gross income $150k. We know very, very little about RE but have read a few forums, the Ultimate...