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If:-Current joint primary Mortage with spouse 300 k-Won’t qualify for conventional or investment loan because dti is too low (they ding you for entire primary mortgage plus taxes)- liquid assets 600+-current home equi...
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I've been searching for my first investment for some time now. I am going back and forth between buying a single family home versus a multi family unit. For a first time buyer, what do you think is the best option? Th...
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Hi, I am looking to put an offer on a multi family building soon (4 units), and was curious if anyone has a good video they can send, or can guide me into figuring out the value of the property. I know that you have ...
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I purchased a worthless vacant residential lot over a year ago with the intent to flip or develop it that I now can't get rid of. The property was purchased and remains in my personal name. I was thinking of transferr...
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Hello,My name is Patricia Jones and I live in Amesbury Ma.I am interested in learning more about rental income. I am a single mother of two teenage boys and I bought a vacation condo in Conway NH for us to be able to...
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Looking for input and suggestions on the fairest (?most fair?) way to split a deal with my partner/cousin on a property.Some things that may be relevant:- It's an auction about 1/10th of a mile from my own home.- He's...
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When investing do you look for appreciation or cash flow. Whats a good cap rate?
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Am I throwing money down the drain by putting it in an IRA?I'm looking at 30yrs before retirement; assuming a 5% yearly stock market appreciation I'd have to put about $2,440 dollars into an IRA every single month for...
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I am looking to buy my second duplex and am searching for ideas on how to make the financing work. First of all, I am currently house hacking my first duplex and living for free. I bought this about 8 months ago using...
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I don't know how feasible (and legal) this is, but I'm exploring options and thought this up:
For a deferred down payment do a leaseback prepaid to cover closing costs + down payment. I have this in mind to transfer ...