Looking for folks' understanding of "snowballing".From what I've found while Googling generally, it seems to be a hybrid of the "Debt Snowball" promoted by Dave Ramsey and "debt stacking" from Primerica in that it sug...
I have both first and second mortgage of my primary home. The second mortgage rate is much higher than first.I also have several rentals which have either 15 year or 30 year loans, they have different interest rates.I...
I have a general financial/psychology question. A bit of back ground, I have owned 3 homes and a couple of rental properties. I currently only own my primary residence. It is a 6 acre farm with a brick ranch. We have ...
I have 20+ years as licensed real estate professional (and beyond that in real estate consulting), 16 years in property management SF/MF, 90+ units, 97%+ occupancy and collection rate. I had taken a break in the busi...
Sorry if this is in the wrong area of the forum, mods.
So I have a 2-family investment property (financed via bank) and a single-family home (primary residence) in the same city. Here are the expenses ...
Being that my primary place of residence is paid off within no current mortgage. Do you think it would be best to cash out refi and reinvest into investment property? Or use the money for fix and flips? Appreciate an...
The debate rages on about the cons and benefits of buying a primary residence. As a military member, one of my primary strategies has been to purchase a primary residence with a low ( <5%) down payment and rent u...
I recently lost my full time job. The thing is we have a business that's already thriving and already replaces my full time salary. So, we decided instead of me trying to find another full time job we should just go a...
Just a theoretical question...if you were able to sell your primary residence and buy a cheaper replacement and pocket $250,000 and you wanted to invest that in real estate, what would you do...? Purchase for cash ch...
As part of my ideology that education should be free, I will be making a monthly post (if not more often) related to real estate, because a better educated society results in better social and economic opportunities f...