Bob Cobb
non homeowner starting out
Quick explanation of my situation before I get to my question(s). I currently live with my parents, and am sitting on about $150k that I've saved. I'm looking to buy my first house in the next year, just not sure whe...
Rick Smitts
Should I jump in the pool or stay on the sidelines?
31 Year Old Mortgage Professional in Phoenix/Scottsdale area in Arizona. Income is good right now (500k+) but in the mortgage business as you all know can be very volatile so I am paranoid about being house rich and n...
Dan Thomas
Short term negative cashflow on 1st property?
I'm interested in buying my first investment property. I am working with a Turnkey provider in an out of state market. My projections show this single family home will cashflow a little over 100 dollars per month aft...
Lexi Narducci
15-year fixed rate vs. 30 year fixed rate when trying to expand
I bought my first home in August 2020 and took out a loan of $450,000 with a 2.5% interest rate over a fixed 30-year period. Not surprisingly, most of my monthly payments are going towards interest with the 30-year fi...
Damon Gibson
$100,000k High Interest Loan to Invest in Real Estate ?
would it be a good idea to borrow $100k at an interest rate of 3% /month? I plan to either buy a few properties (at a discount) that need rehabbing via hard money lenders. I would then use the monies from the loan f...
Miguel Vazquez
[Calc Review] Help me analyze this deal
View report
*This link comes directly from our calculators, based on information input by the member who posted.Hello everyone,This is looking like my first deal. The cash flow is not great, but I think the equity an...
Richard McGaughey
House Hacking in South Shore Mass
Hi all!Looking to House Hack in the South Shore in Massachusetts! I make $33,000 a year and have 17,000 saved up. Loan Officers have told me I cannot afford it. How can I afford it?
Tyre Foote
How to build credit
I’m 22 and really want to invest in rental properties but I have no credit and don’t know how much I should have save to begin with. What’s the best way to build credit and how much should I have saved to begin with ?...
Jerrud King
Should I, or should I not?
Hello, I have a question.. and I am not going to beat around the bush about it... About me can be found here on a previous post. So as I stated in my previous post, I want to invest in real estate but I cannot seem to...
Joseph A Michel
Extra mortgage payments.
My team and I refinanced on our duplex last year to take cash out for a downpayment on another property. We may want to do the same thing again in a few years depending on what interest rates look at the time. If we ...