Hi,
A while back, we moved from a small Ranch Style home 7 miles from Holden Beach NC, ( 3 bed 2 bath ) which is worth around $240,000 today. We took out a loan for the price of $107,000 in 2001. It needs to have som...
This is very long. It goes over in detail what happened to me, what caused it. How i came to buy my first home and why desperation caused me to think out of the box for a solution to repair my life and the steps i did...
Lately, this seems to be a frequent topic, as certain gurus teach people to request 0% owner financing from sellers, and a number of investors brag about having done so. The benefits to the investor are obvious. The b...
When you run your numbers for calculating CoC ROI, do you consider money used from the HELOC as cash invested if you drew from a HELOC for a down payment? i.e. If I purchase a 500K house, and I draw 100K from a HELOC ...
I've read that just by switching your mortgage payments from monthly or bi-monthly to bi-weekly you can save a ton on your interest over a 30 year period. This led me to researching the difference between bi-monthly a...
Hello,I will be financing my purchase and renovation costs (with a down payment of course) and was wondering in calculating my ROI….Do you calculate the ROI as the total CASH out of your pocket (Down payment, closings...
Hi all,I'm curious to get your thoughts on whether you think a 15 or 30 year mortgage is the right way to go for a buy + rent out strategy? Suppose my goal is not necessarily cash flow (say I have a full time job tha...
Seller financing opens up great opportunities for real estate investors, but coming up with the down payment can still be tricky.
I recently engage with a conversation with a fellow investor and we discussed the merits of putting down a larger down payment with the property doesn’t cash flow. After discussing several points I wanted to dive dee...
Hi, I just want to better understand how this works....when figuring the cash on cash return, the figures on the mortgare/ points / and closing costs, are these figures coming out from the seller side of their finacia...