Hello everyone. I am considering using a 401k loan to supplement my cash on hand for down payment and initial reserves (for a 4 unit investment property). My question is, if I am using my cash flow to make payments ...
Investment Info:
Single-family residence buy & hold investment in Fayetteville.
Purchase price: $150,000
Interesting Purchase Opportunity. I was lucky enough to have a family member sponsor this pur...
Price 1% rule =desired rent179,9000.011799price 179,900closing co 2000monthly rent 2,120.00 inspect500total cost184,520 Loans price 179,900Down % |down payment 6296.53.50%total loan173,604 Money Needed =$10,...
We brought our first buy and hold property a month ago with hard money @ 14% & 4 points for 12 mos. We would like to refinance out of this loan and into a long term better rate ASAP; however, one mortgage lender t...
If you had $50k at your disposal to invest in real estate, which avenue would you choose?
Would you fix and flip? Or would you buy and hold?
Doesn't have to be answered by a Kentucky resident.
I posted this in starting out but got no response. I hope this is the right forum. Still feeling my way around here. Before I sign on the dotted line, I would like to get ideas on the best use of the available seed m...
Hello all,
Would like to know if anyone has experience with 3% down FHA first time loans are currently being approved.
We have an accepted offer on our house, but the buyer just indicated that they are ...
So, color me confused. For example, a duplex in Manchester, NH could go for $210k and both units could be rented for a total of $2,400 per month. That means the NOI could be $1,119.67, Cap Rate of 0.533 % and Cash Flo...
This is a 30 thousand feet overview of the process. Correct me if I"m wrong, then a couple questions at the end. Motivated Seller has a property in pre-foreclosureWe set up a Subject 2 agreement with the sellerWe pay...
I'm trying to buy a place, but it seems like the real estate market is shady. All of the homes I've been interested in have sold for under or slightly above what I have, even though they were listed for much more orig...