So my current situation is:$480 a month for rent plus $60 in utilitiesI just analyzed a deal and am curious if this makes sense or if I am missing something:Here is the deal and the numbers:Offer would be $185,000, FH...
I have a duplex listed for sale. It needs some work. Thinking about doing rehab instead, but could use assistance with funds. There is no loan on the property. Are there lender programs out there to get funds for reha...
Purchased a $535k duplex at 7.125% & have the opportunity to refinance to $548k at 5.75%. Payment is $450 cheaper ($4400 PITI v $3990 PITI).
This is a house hack where the tenant is paying $2100 in Y1 with rent s...
Hi folks,
My wife and I are planning to buy our first property in Seattle. The property is around 50k over our budget but we plan to offset the additional cost through Airbnb. Anyway, the question I have for this gro...
I have a question I am sure will get mixed answers. We have had a single rental for about 11 years now, and have recently decided to give the rental business a serious effort. We bought our second rental in May and re...
Turning a man cave into a “money cave” Airbnb making thousands of extra dollars a month? It doesn’t get more house-hackable than this! Ron Curtis was able to pick up his first home in a pricey area for only a few thou...
I was listening to Brie's podcast this morning and I started thinking about which class, over the long run, is the best for rental income (and headaches) : A, B, C, or D. I don't want to quibble about definitions, so ...
I'm just posting this as a warning for newbies. Obviously, no one can predict the future and no one knows what's going to happen next year, the year after, etc. But most apartment markets are at or near the peak in ...
My understanding is you can get a DCRS loan at 1.2 - 1.25 debt service coverage.
Assuming the property is currently being used for short term rentals:
What is stopping me from acquiring a property having less than t...
Example: 400,000 purchase price 80% ltv 1st mtg.= $320,00015% ltv 2nd mtg.= $60,0005% down payment= $20,000Avoids Monthly PMI payment Very strong financing program for multiple reasons