I currently own a property that I utilize for short-term rentals. My existing mortgage has an interest rate of 4.5%, and I owe $247,000 remaining on it. I have approximately $100,000 in equity built up. I'm considerin...
I recently (within the last 3 months) bought a house that was established as my primary residence, and locked in a 2.75% 30 year fixed on it. I’ve found another, significantly more expensive, property that I’d like to...
Details: Property type: Two duplexes side by side Owner Financing Purchase price: $220,000($110k each) Downpayment: $15,000 Loan amount: $205,000 Interest: 6% Loan Term: 15 year Monthly Principal a...
I recently had an investor tell me that i should deplete my 401k in order to purchase a property free and clear. He said that if i was to make that move i would need to be sure that realestate is what i want to use t...
We plan to move in the next 4 years to a better school district.
We purchase our townhome for 251k. If we keep it as a rental we can get 1750-2100 per month in rent.
This violates the 1% rule. The mortgage rate is...
I have found a partner for real estate investing. Our area is rural and poor but cash flow is good. I found a foreclosed house for 39k. If we split it 50/50...I have researched and he will put in the money for closing...
I have watched a number of webinars recommending rental properties investment but I feel like I'm missing something.. Say I want to invest in a duplex for $200,000. I use $40,000 (20%) from my savings as a down payme...
Interest rates and high purchase prices are pushing a lot of people away from buying. Most are turning to renting, but is that the best move right now? Will House Hacking prove to be better than Renting over the span ...
I am buying a house and am converting my condo into a rental. I don't want to move my condo (and mortgage) into an LLC because I will only have the one investment property at this point and don't want to run into comp...
Hi BP! I recently just closed on my first 3 turnkey homes with Rent To Retirement after being referred to them from a colleague of mine who had invested with them for a few years now. I thought I would start a forum...