Jordan L.
Should I refi this property?
Current loan 6.125% 30 year fix finishing year 7 next month. Loan amount 119k. Principal/interest $857 per month. If I don’t refi and just keep paying the minimum, I will have paid $236,532.
I can refi at 5.125% 30...
Don Scott
Buying Owner Finance question
I understand the concept of owner financing... and I see the benefit for the selling investor (receiving 10-15k in some cases up front).
Other than not having to get your own financing, what are the benefits of purc...
Matt Lockmon
How to use my equity
In 3 years we’ve gained $115K in equity in our home. I’m close to 80% LTV and about to drop our PMI. As a first time homeowner and real estate investor my goal is to create cash flow. The two paths I’m looking at in f...
Bradley Ritter
Tapping into equity in a performing second mortgage
Can you get a heloc on a performing second mortgage?? If so what are some strategies where I can use that first note to began to create a source of cash flow forever 🙃Thanks in advance
AJ Smith
St Paul Househack Analysis
Property Address
588 Lawson Ave E, STP 55130
MLS#
5610704
Number of Units (Duplex, Triplex, 4plex)
2
Crime Rating (Low/Medium/High)
Medium
Prope...
Rocco Swinney
cashout refinance tax impacts?
Hi All! I purchased a condo unit about 8 years ago as a primary residence. I aggressively paid it off (while i lived there) before i made it a rental and have been renting it out for the last few years.
I was interes...
Chris Virgil-Stone
Low to No DP for Houshack
Hi AllI'm looking for a low to no down payment option for a house hack in Florida. I've explored the FHA option and have used it before but I'm hoping to avoid PMI if possible ( would be around $250/month). I do have ...
Santiago Coppoletta
Creative financing - mitigating risk
Has anyone ever bought a house and sold it financed with no money down?For example, buying a property for $50000 all cash and immediately listing it to any buyer for no money down and at a 30 year 10% Int rate payment...
Raj G.
Private lending-Best way to collect money
Hi,Just wondering what is best way to collect and track monthly payment for private lending.Like mortgage payments to banks, if we get late then it may affect our credit history, is there any way for private lender al...
Nick Portillo
HELOC - Should I Get One for my First Buy n Hold Property??
Good morning from the West Coast,What are the pro's and con's of obtaining a HELOC for your first investment property? My goal is to put a down payment on my first property in about 2-3 months and need a little guidan...