I'm fairly new at being a REI. I closed on my first SFR in January of 2017. I now have 3 SFR and 1 triplex. So, 6 doors.I put at least 20% down on each. I have two with 5/1 ARM's and two with fixed rate, 30 year mortg...
Hi everyone, I have super newbie questions! If you're borrowing private money for a down payment, what's the best way to pay them back? Do you add it on as an extra monthly cost or is there a better way?
Hello everyone, hope you’re all safe and healthy.Does anyone have an excel sheet or a software they can share for amortization schedule that reflects monthly change in principal/interest payments based on extra monthl...
I was just pre-approved for my first investment mortgage. I plan on buying a single family rental property in Philadelphia, PA for around 225000, 4 beds and 2 bath. This property will rent for at least 1800 per mont...
My co-investor wants me to do a bi-weekly schedule on a mortgage at 25 years amortization. I'm more comfortable with monthly -- I have three doors now and I tend to get all my business done in a certain time frame. Th...
My wife and I are under contract to purchase our first "on purpose" rental property. We have a rental property in Northern Virginia, but that was due to a transfer and we chose not to sell in 2010 when things were sti...
First time investors here! In preparation for applying for loans and financing, I am trying to work through how to best apply my tax refund to work for me. Basically I have narrowed down to, pay down our only vehicle ...
I purchased my first home a little over a year ago in San Diego, CA. I am currently paying well over the mortgage but I have become increasingly interested in purchasing a second home as an investment property. My que...
Having reviewed what's previously been discussed on this forum regarding whether people list what their actual cleaning cost is vs. a reduced (or in some cases inflated) price, can anyone share if there is a tax liabi...
Good day Everyone.I live in Canada. Currently I have a mortgage for my principal residence. I am aggressively paying down my principal mortgage so I can have enough equity to purchase a multi family investment home (2...