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18 August 2024 | 3 replies
For investment property HELOC's often the initial draw period is shortened to 5 years and the qualifying payment is shortened to 10 years.
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19 August 2024 | 4 replies
That is the question, as refinancing may not solve the conventional loan issue. also many conventional loans require a seasoning period of 3-6 months.
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17 August 2024 | 4 replies
Biggerpockets doesn't really allow you to search efficiently for them either.
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17 August 2024 | 19 replies
The property management software makes it extremely easy and efficient.
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18 August 2024 | 4 replies
Some landlords offered more expensive rent for a 9 month period but the math didn't really make sense (half month savings at most) compared to a standard 12 month lease.
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19 August 2024 | 6 replies
At 0 completed rehabs in the last 3-years you'd be looking at 75% of the purchase price + 100% of rehab with no prepayment penalty periods.
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19 August 2024 | 13 replies
It might depend on if owner died prior to the redemption period was over and possibly if prior to your quite title action
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19 August 2024 | 7 replies
Helocs (as opposed to heloans) are interest-only for a period of time, usually 10 years, so during that time the monthly payment is lower on a DTI calculation than a first position mortgage with the same balance.
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18 August 2024 | 2 replies
Is this a building you see yourself owning for an extended period of time and/or if you were to sell the building will there be a satisfactory return on the heavy lift capex investment that's necessary?