Closing on a property thursday and I called the property appraisers and millage rate is 25. 900,000(purchase price)x25 divided by 1000 = high taxes. I should have looked into it earlier but this cuts into my expenses ...
Hey guys. I'm a rookie investor/agent mostly interested in multifamily for cash flow. I came across this 20 unit portfolio on my local MLS, and reached out to the listing agent. They said they would be willing to do s...
What are the fees like?
Lets say you have 5k equity in the house you'd like to pull out. If it costs 2k to do it, it might not make sense.
Right now I am looking at how fast I can grow my business. Taki...
Hello guys i have a question one of my properties is a two family with a studio added on the basement as well, i don't know what it is currently valued at but I'm sure it's valued for more then what i purchased it for...
Hello. I’m considering a property, and want to understand what all is impacted by the decision to str vs ltr it. - I’d buy cash and plan to cash out refi soon after. Will rates or LTV limits differ if I decide to ...
I have a friend that wants to get involved on my next deal and I could use his cash. The total purchase cost is 15,5. Rehab and holding cost 4K. So total required funds 20K. After rehab monthly rents will be $600.00 p...
Need some advice on a scenario I am working on. If I purchased my first home for 5% down - 275k @ 2.4% for example sake... what happens if in year 2 of my five year fixed mortgage I am looking to move to a new princip...
My fiance and I are looking at a rental property that would would yield about 8.4% Cash on Cash ROI based on a 30 year loan and the low end of rental income possibility. We've considered doing a 15 year loan since ou...
Hi everyone! Need some advice. I was working on a refi of our primary residence and now thinking of backing out but not sure if I can legally. I would think its possible but I don't want the lender to bluff me with fe...
I have an off market opportunity in Tampa.
It's in Lowry Park North. I'm not sure it's a great area for investment, but that's why I'm here. I've heard once you stay west of the 275 or the opposite side of sulphur sp...