I want to purchase my 2nd property using funds from a cash out refi. I'm not sure if this is a good idea. I have 70g in equity and the home I want to purchase is only 15g. The problem that I am needing help with is...
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I'm shopping around for a mortgage. What places other than the large banks should I look around at? I know the bank itself doesn't matter much, but I'm just trying to look for the lowest points and interest rates. Is ...
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Hello Everyone, I was playing with the rental calculator and I noticed a part of it that asked if you would like to wrap the loan fees/points in with the mortgage. That had me thinking, because it had never occurred t...
We are looking at investing in properties in Ontario but wondering about lenders. Looking at properties that are in the price range of $150,000 and renovations to cost $50,000. We have assets but my mortgage is tied...
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Hello all, I recently just purchased a duplex a couple months back that I am house hacking. I am updating the unit I currently live In and will do so to the other unit once I move the tenants out after the first of th...
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I recently appraised my house and found out I have a substantial amount of equity. I planned to use this equity down the roa to fund a flip, but with the current situation and the possibility of home prices declining ...
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I'm using equity in my house to pay for the down payment on my first deal. Two options are available, and I'd like to get feedback on the pros and cons for each!Scenario #1: 40-year interest only loan that results in...
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There is a lot of discussing about valuing commercial property for purchasing, but what about the other side? How do you determine an asking price for an apartment complex or other commercial property? Thanks.
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I took a Cares Act 401(k) distribution this year, and am wondering about options to split the income. I know the IRS says I can pay the tax all in the first year, or "ratably over 3 years." Right or wrong, I'm of the...
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Here are the details.
bought my primary home in 2016 for $150K off market from a family friend, the neighborhood I live in has exploded and prices like many markets around the country have shot straight up.
my age...