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That's basically the question I have been asking myself lately.
I have a place that I am currently renting out, making a small profit on each month after expenses. I have a mortgage on the rental property @4.99%, with 24 months left on the term. (Before...
Started by orange on
, 8 posts
by 6 people.
Answer Snippets (Read the full thread at canadianmoneyforum):
]
I am currently only down the rental mortgage or invest? IMO, the first question to answer is do you have a suitable if you believe you can ....
A mortgage on the rental property @4.99%, with 24 months left on the term.
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As has been discussed, lets start an investment property thread. As Fatwallet Finance readers have likely seen , I am a BIG FAN of buying and owning investment property. However, unlike with the 5.25% fixed rate Netbank loan (where almost everyone agrees...
Started by SUCKISSTAPLES on
, 40 posts
by 5 people.
Answer Snippets (Read the full thread at fatwallet):
Suggestions....
As for the insurance question, HOA covers hazard deduction (IRS website)
Property Analyzer excel sheet
Title Insurance Tips and Strategies
SUMMARY on these.
For 10+ years if I do get a investment property.
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Hi Guys,
I need input from the people who has experience in investing in the US property market or foreclose properties (Townhouse) from Australia.
I have listed a few questions below. I would appreciate if you could provide some insight or your thoughts...
Started by mister83 on
, 15 posts
by 5 people.
Answer Snippets (Read the full thread at propertyinvesting):
Your property needs attention and someone investment property....
PM is the BIGGEST factor in your investment.
Purchased the property as an investment, did you involve agent for managing tenants?
Some agents managment.
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Ask your Facebook Friends
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I am separated from husband, in arrears on family home and investment property. I cannot deal with trying to pay a bit to both banks, and the stress is, really affecting me. I have tenants in the property but after paying reduced payment to the bank (...
Started by Bard123 on
, 20 posts
by 7 people.
Answer Snippets (Read the full thread at askaboutmoney):
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Hi everyone,
Am a long time reader of the forum and first time poster. Looking for some info and advice on purchasing my first investment property. Here are some main points:
1. Got an offer ($660k) for a house accepted last Friday. Location is in a good...
Started by namesymot on
, 13 posts
by 6 people.
Answer Snippets (Read the full thread at somersoft):
530 k ? If u initially paid Lenders mortgage insurance on the loan, then its possible we can take more and its worth approx....
We also.
To withdraw the equity to make up for the 20% deposit required for the investment property.
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I'm still working out my options for my first investment property. But I wanted to ask about apartments which have a fixed tenancy rate. Is there any way you are going to lose money on these? There's a few like in this in Adelaide, but as an example for...
Started by DMB on
, 13 posts
by 9 people.
Answer Snippets (Read the full thread at propertyinvesting):
To achieve by buying an investment property?
These type of rent "guarantees" are for people who (right down to the 100k in UBank lol) Looking for the best way
invest it in property/properties ie to the 100k in UBank....
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The tax refund topic reminded me about a discussion that I've had with some friends. They think it's crazy for people to lend money to the government but they pay the mortgage company extra money each month for their property taxes and homeowner's insurance...
Started by daughtersrus on
, 15 posts
by 12 people.
Answer Snippets (Read the full thread at disboards):
That covers property taxes and insurance only, not the mortgage.
I wasn't super happy about doing it, but the mortgage.
But I do escrow my property taxes and insurance.
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Buying Credit or Mortgage life insurance would be a good idea because, in case of any unfortunate event happening on the loan borrower, his family wouldnt be pressurized by the lenders to repay the money.
For ex: Lets say you take a Mortgage loan of $...
Answer Snippets (Read the full thread at linkedin):
Both as a licensed mortgage broker, as well as a licensed life insurance agent that GENERALLY it is not a good idea to get insurance from a mortgage company, and it is also a bad idea to get a mortgage from an insurance....
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Hi
NOT LOOKING FOR FINANCIAL ADVICE - OPINION ONLY
I had a face to face meeting with my Mortgage Lender today. It was an interesting exchange as I believe he is in the same Neg Eq situation as me. I was given good news about a change to tracker shortly...
Started by BreffniWeffni on
, 6 posts
by 6 people.
Answer Snippets (Read the full thread at boards):
The insurance company will write to the mortgage company and advise Mortgage Lender....
I would not lie to the insurance as they will find out.
You will need to get different property insurance if rented out.
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Hi, Bogleheads:
It seems like I’ve been saving for that far off dream of retirement forever ( actually I opened our first IRAs in 1983). Suddenly at age 59 I now realize that the finish line is in sight. I’m thinking that it might be nice to be mortgage...
Started by jnsolberg on
, 15 posts
by 10 people.
Answer Snippets (Read the full thread at morningstar):
Paid off....
Thus paying down your mortgage is an investment which has.
If the mortgage or some other investment will provide the greatest bang for the buck and invest accordingly will get the benefit 7-13 years from now.
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