17 February 2025 | 7 replies
I think this is a calculation a lot of homeowners are making right now--especially if they have a low interest mortgage, equity, and their house will cashflow as a rental.The choice is a personal one of course, but I think your future self will thank you if you pull out some equity from your existing home with a HELOC for the downpayment on the next house and a cushion renting your current home, use a property manager as you have other things to do, and buy the next house and do the same thing again.
17 February 2025 | 8 replies
I personally believe his contract job contract got cancelled as i know others from his company left that same week.
13 February 2025 | 0 replies
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $172,000
Cash invested: $43,000
We purchased this rehabbed home and added a privacy fence, removed overhanging tree...
17 February 2025 | 12 replies
You would be better off putting money into a fund that performs at 6% to 8% somewhere with appreciation.
16 February 2025 | 2 replies
Personally, I’ve been exploring opportunities where growth patterns and infrastructure expansion hint at future value increases.
17 February 2025 | 4 replies
You could always get the extended warranty and still save money over the 3k model.
16 February 2025 | 8 replies
I do have an agent I know personally but she's only in the area at certain times of the year.Section 8 would be better than nothing.
14 February 2025 | 9 replies
ONly money spent securing the house against waste.
16 February 2025 | 2 replies
(I also don't understand how you have a hard money loan with a rate of 7.25%...)offering an equity position that you then buy out in just a few years seems like way too much complexity and risk when you say you just need 30K.
15 February 2025 | 14 replies
If they aren't sending you personalized investment deals that meet your buying criteria, they are NOT a good agent!