All Forum Posts by: Moshe Streicher
Moshe Streicher has started 2 posts and replied 6 times.
Post: all cash vs mortgage
- Lakewood, NJ
- Posts 6
- Votes 3
hi @Ann Howell in my understanding during the refinance process you would need to pay closing fees again
Post: all cash vs mortgage
- Lakewood, NJ
- Posts 6
- Votes 3
@Jayen Medhurst,thanks.even though it will cost me additional fees for closing est.6k?(i have the construction money in cash)
Post: all cash vs mortgage
- Lakewood, NJ
- Posts 6
- Votes 3
hi,im currently looking at a 2 family home,can buy it at 100k with value add opportunity of putting in around 15k and bring the value up to 150k.Question is do i put in the 100k in cash,do my add on and the get a mortage (but tying up my money if other deals come my way) or do i get a morgage right away,and refi after the value add(with closing fees ect.)
hi ,what do you mean didnt meet the reserve ?
thanks for the warm welcome
hi just starting out ,currently taking a course on real estate in lakewood nj !!!, just learrning the basic terms at this point ,i didnt know what NOI was! it sounds like hard but very rewarding work ,and the best is i would work for myself,so with the right motivation aka paying my mortgage! i can go realy far! anyone else just starting out please send me which forums i should be reading thanks!