Eric Rich
Seller occupied until she dies
Someone at the grocery store told me their Mom was wanting to sell their house. I inquired further and it's just down the street from where I live. The property is prime for a subdivide into 2 properties. The property...
Joel Harris
How much should I pay down my mortgage before refinancing?
I am considering purchasing a 4 plex for $199k. The property cashflows $375 monthly, if it is fully rented out, and rents are slightly below market. I can get this property with almost no money down because I have a V...
Joe Kim
Pay off home vs rental mortgage first?
I recently saw the light on the whole payoff your mortgage with heloc method. I'm not here to fight or start a heated discussion about that matter, but it does make me think about which I should payoff first - prima...
Brian Goss
Has anyone ever used an All-in-One Loan instead of a fixed loan?
The flexibility of an All-in-One loan has some appeal on a primary residence to be able to keep your equity working for you. The lender gives you a 1st lien HELOC with a 10-yr draw period, rate is variable , and it is...
Albert Bui
Mortgage Acceleration, All in One (AIO), pay checking parking?
Lately it seems that a lot of paid education companies, youtube channels, and many other podcasters are talking about these topics of debt, mortgage acceleration using a line of credit, payoff your home in 5-7 years. ...
Account Closed
First time RE investor. Please poke holes in my strategy!
I’ve (29M) about $250k saved up. Don’t own a home yet, but I’ve been planning to buy one for a while now. Instead of buying a single family home, I’m thinking of buying a condo outright in cash, rent it out so I can s...
Kevin Macdonald
how should i refinance my first investment deal to pull money out
I purchased a investment property which was never completed. Because of this I had to use equity from my primary residence to fund the original purchase plus cost of finishing the project because no bank would giv...
Austin Kaercher
Ready to buy our first property to flip
Hello all, I am 29 years old and I am an owner/operator of my hvac company in Florida. After 13 years being in this trade I am burnt out and ready for a change. We have about 80k in equity in our home. My wife and I a...
Craig J Chelette
Duplex Help in Ogden UTah
Hey all,I have a duplex under contract in Ogden Utah. It is a 2/1 with 700 sq/ft per side. Asking price was $154900 and offered $144900 and was accepted. Roof needs to be redone. One side had a tenant who smokes in ...
Helen Kolton
analizing my first possible rental - need lots of help
Please help me to figure this out.How do you calculate vacancy rate? andI want to know if this is a great deal for a rental property? Property is in NJSqFt: 1240Lot Size: 2482Property Type: Single FamilyYear Built:...