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I'm working with two banks right now to try and finance a four-plex. Both are 20% down and amortized on a 30 year schedule. One is a fixed 30 year mortgage at 4.625% and the other is variable at 3.25% for the first 5...
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I found a great deal on a duplex near me, I want to house hack it. I was thinking of putting 5% down and asking for 3% sellers concessions but I don't know if that covers all of the closing costs. Does anyone know how...
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I took out a $50,000 HELOC on my primary residence and am using some of it to purchase a rental, the rest will be cash. My plan was to pay off the HELOC as soon as I can to free it up for other deals.
I also have a ...
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Hi I have a a house that is worth about $ 400-450k. I have a heloc on my home for $185k and I still own $30k. Should I pay it off with cash and refinance from more money to invest in real estate.
Interest rate-4.25%
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Good morning all,
I have found a property that I would like to purchase as a second rental property for me. I'm still new to this so please tell me if this makes sense.
My Home: Purchased for 342k in Sept 2016, c...
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I bought SFR in Simsbury Ct in 2007 and recently I had to move to Charlotte, NC because of my Job. I am looking for advise, whether I should sell my house or Rent it out.Purchase price in 2007 $350,000Outstanding...
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I have purchased 5 properties in the last 2 years. Of those 5 I have completed one successfully with the BRRRR strategy. We currently have 3 solid rentals. The last two were intended to be be done as a BRRRR's, how...
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Lenders I’ve spoke to are requiring 25% down for any multi family investment properties. Just a couple months ago they would do 20% and one would even do 15%. Wondering if anyone has found a lender that will do less t...
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Hi All,i am looking at an off market deal, it is a 40+ UNIT property i would call it a "B" class late 70's building well taken care of and well managed as far as i can tell. I am having difficulty finding a reliable ...