I have $100K outstanding balance on the mortgage for a property that has $2500 in monthly rents. Taxes + insurance + maintenance + property management fee is < $1100/month. Hypothetically, If I payoff the loan tomo...
I have a R3 zoned lot in North Phoenix. The property originally had 2 separate single-family dwellings but had to demolish because of 2 separate fires. Now, I am left with land with no income and ~$1k monthly mortga...
Hi all,
Last week some of our marketing attracted a very motivated seller in a 55+ mobile home community in San Diego County, California. I am a mobile home virgin, so help is greatly appreciated!
She is literally 2...
I am currently considering how I would exit a seller financing deal that has a 5 year balloon in the P&S agreement. For example let's say the terms state that the purchase price is $380,000, DP is $19,000 or 5%, A...
Exploring helping my elderly mother refi her condo - she's in Pompano Beach. Condo in a 55+ community, comps roughly $70-$80K, remaining balance ~$33K and about 16 years left on her 30 year mortgage at 4.25%. I'd like...
Hello everyone. My name is George and this is my first Post!!I am buying a property with Seller Financing. Property is free and clear. Purchase price is $100,000. Down payment is $10,000 and Seller will finance $90,00...
Hello, I have a duplex currently. I rent out the bottom unit and live on the top unit. I am now 40 years old. Should I focus my money on my 40K and Roth IRA's to max those out? Or should I not put anything in thos...
Hi everyone, I’m looking for some feedback on a foreclosure at auction. Amount in default is $304k, no other liens, tax payments are current. The owner moved out of country and his son was living in the home and not m...
I bought a vacation rental property 3 years ago for a great price. I rented it using an agency and their fees combined with the high HOA fees made it a negative cash flow in that setup. I really didn’t know what I w...
Hey all, looking for advice regarding the advantages and/or detriments of investing as an agent. I'm aiming to work to learn which leads me to consider pursuing a real estate license. I want to progress in skills such...