Mike Rice
Can I lower my tax burden through an LLC before I own a property?
Forgive me if I'm posting in the wrong place, but I'm stuck and I'm not sure where to turn. Any direction would be appreciated.
I'm certainly spending a lot of money, time, and miles on my car, but I don't own any pr...
Lexie De Stefano
HELOCs: 5 Year length at lower rate vs. 10 years at a higher rate
Hello!I'm looking at taking out a HELOC on my primary residence (house #1), to purchase house #2 (BRRRR method in a high appreciation/low cashflow area) that I plan to use as my future primary residence. I've been deb...
Vicki X.
Are the insurances for brand new townhouses in Florida usually much lower than SFR's?
The cash flow prospects of the townhouses in FL was surprisingly good so I'm evaluating them for my next investment. The insurance cost is an unknown so I'd love to get some expert opinions. Thanks!
Moss Siridajnawanan
How/Can we negotiate to lower the purchasing price after it’s already in Escrow?
We got out first BRRR deal a few weeks ago and it’s still in escrow. We found out that costs of rehab is quite over our budget. We offered at $399,000. Rehab is $36,000 and ARV is $510,000. We are comfortable and expe...
Ana Vergara
Is it worth is to lower rent to have less tenants when house hacking?
Hello!
We bought a duplex in Saint Paul, Minnesota and have it marketed at $1375. It's an up down duplex and my husband and I live in the bottom unit. So far we have two different groups interested. One is a group o...
Kayla Dee
Am I low balling by asking for a lower price is I need renovation
Hello all, I am interested in a home in Pearl City, Hawaii. It has been on Zillow for over a year and asking price is 129,000. Do you think I would be low balling if I offer 100,000? It does need some renovations due ...
Steve Nomura
What is the solutions when appraisal report came in lower than the option price
When Lease Option Tenant/Buyer had an appraisal and it came in lower than the option price, What kind of solutions do we have?
I was thinking of two things in the option agreement.
1. What ever appraisal comes in, t...
Dave Masteron
locked in 24 month leases with lower rent price vs regular 12 month lease
Can someone tell me more about doing locked in 24 month leases with lower rent price vs regular 12 month lease?Does anyone do these or know about them and can shed some light ?Thanks!
Bhargav Joshi
What is better investment property high rate HELOC or lower rate cash out refi
I have a townhouse in College Park, MD which was paid with cash, I would am building a vacation home looking for adding finance. Townhouse is a rental with yearly leases1) Option 1 is a high interest rate HELOC on the...
Account Closed
Should I put down an extra 5% in order to get a lower rate?
My lender provided me a rate of 6.375%. This is for a 20% downpayment. If I put down 25%, I can get the rate lowered to 5.75% (a decrease of 0.625%.This does raise my cash on cash return. Should I do the 20% or 25% do...