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15 March 2024 | 9 replies
Proper Insurance and Steadily have always been solid options for short term rental insurance.
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15 March 2024 | 4 replies
Along with the FHA loan, check out the loan from the Neighborhood Assistance Corporation of America (NACA).NACA was formed in 1988 and provides an affordable option for potential first-time buyers:✅ No down payment✅ No closing costs or fees✅ No mortgage insurance✅ No consideration of credit score✅ Below market fixed interest rateThere are several requirements to be eligible, starting with attending one of their workshops.https://www.naca.comI wish you all the best.
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16 March 2024 | 5 replies
The cashflow goes up every year as the mortgage is a fixed expense but rent increases at least with inflation and much faster in certain areas.
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15 March 2024 | 4 replies
So, anytime a mortgage is involved a wet signature is required per the lender and their capital partners.
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16 March 2024 | 12 replies
At one time, my only debt was my mortgage... then I moved 1000 miles and all that changed.
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14 March 2024 | 11 replies
Hello BiggerPockets community,I am a new Real Estate Investor and would love to get some feedback on our strategy.Goal: Achieve sustainable income of net $10K/month, while the properties appreciate long term. I am a b...
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15 March 2024 | 2 replies
Synergy Mortgage, Clarissa Pride.
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14 March 2024 | 7 replies
Hey All, We have been searching for a place in DC proper for a house hack.
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16 March 2024 | 58 replies
Hang in there for a few years till things correct or inevitably rents go up and the fixed mortgage stays the same.The people that only own vacation rentals and paid too much will likely go under in saturated areas.The other option is to be the tallest pygmy and stand out amongst your peers.
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15 March 2024 | 5 replies
Hello,I was looking for some advice.Background: I have 2 rentals, both are in my name right now, they are insured and I have an umbrella policy. 1 property is under a mortgage and the other I own free and clear.