I bought my first home in August 2020 and took out a loan of $450,000 with a 2.5% interest rate over a fixed 30-year period. Not surprisingly, most of my monthly payments are going towards interest with the 30-year fi...
I have a aggressive goal to reach five rental properties fairly quickly. Other than saving a lot of money for down payments what are my options? Hard money lenders, heloc? Looking for clever ways to raise capital for ...
Is it worth it to refinance a rental property to get a lower interest rate (3% down from 3.5%) and lower the years of payment (20 down from 25) despite the having to pay closing cost and possibly decreasing cashflow d...
Hi gang, I’m 46 and started building my RE portfolio about a year ago. My goal is to have 10 properties fully paid for by the time I retire around 65 (or hopefully sooner). We currently have 3 townhomes (One on 240m 6...
i've been searching calcaluators everywhere, but im sure someone would know the answer here sooner...situation: i have 3 properties i would like to pay off, each at 4.75% with about 70k remaining on each loan. my ot...
Hello Everyone, I currently make 77,000 gross. After taxes and paying off my student loan, rent, groceries ect. I have about 30,000 a year that I can save up (just got promoted last year). I just finished paying credi...
I am a new investor trying to find my first SFH to buy and rent out. Currently, I work in Tulsa, Oklahoma and I believe I have enough for a down payment on about a $100,000 SFH. My goal is to eventually live off my re...
Ok, I don't want this to be long so here it goes. Ask was 196k, offered 174k, purchased for 179k. 3 tenants already in, one moving out, one changing apartments - downsizing. Plan - close in September, renovate the ...
Hello everyone, I am a young service member that is eager to jump into real estate. I am currently in the planning stages of my journey and hoping for someone to guide me in my way of thinking to achieve financial ind...
I found an off market building and I don't have the financing to purchase it, the building is going to be roughly 425k. I found a partner that has the ability to obtain the capital to purchase the building and I told...