30 June 2017 | 2 replies
I have about $80K in equity in my home.What is a realistic time frame to replace my income?
22 February 2017 | 4 replies
I have a condo in Boulder, CO with about $300K in equity that cash flows about $700/month, a duplex in Fort Collins with about $200K in equity that cash flows about $1000/month, and a SFH in Fort Collins with also about $200K in equity that cash flows about $500/month.
30 October 2017 | 5 replies
The rent to value of the property will not cover your expenses.Additionally the 200K in equity has a opportunity value of 10% which means $1666 must be deducted from the $2400 monthly rent to pay for your dead equity.
16 May 2017 | 3 replies
For example - Jonny owes 80k on a house valued at 100kJonny has a VA loan on the house and wants to refi to a conventionalCan Jonny take the 20k in equity he has in the house and use that as the down payment for the conventional loan?
4 January 2012 | 2 replies
Tell them that the rent for using the land comes to $2,100.Tell them that you'll sign a promissory note for $2,100 payable in equal quarterly installments over 3 years at 0% interest.Split the $2,100 between rent and a promissory note.
14 March 2016 | 2 replies
I did find a lender after many turn downs and did a cash out on my primary residence at regular market interest rates and purchased a great cash flowing foreclosure with built in equity using the amount I cashed out.. about 20 months ago.
17 July 2024 | 20 replies
I thought in order to refi on an FHA to a traditional mortgage you need to have 20% in equity after refi but it appears once you hit 20% you can refi and pull all your equity out!
9 December 2016 | 1 reply
I have about $250k in equity in a couple local investment properties and a HELOC of $100k.
13 September 2017 | 4 replies
That's not a good use of my funds to only make $10K on a drawn out foreclosure where the borrower is fighting me to protect $50k in equity.
23 March 2017 | 3 replies
So, I've been living in my SFH for about 8 years and was fortunate enough to land a price point that has since built up approximately 80-100k in equity depending on the comps.