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Results (10000)
Joseph Rios Appraisal higher than purchased price
4 October 2016 | 2 replies

BP community,

I bought a house early this year at $199k (short sale) and it was appraised at $243K.

Would it be possible to refinance the loan at the appraised value and get the difference in cash to invest in anoth...

Chris Webb Higher downpayment than I have
30 March 2023 | 7 replies

Hi, I am working on a deal where the seller will finance, but require 50% down in first position. 50% is fine and I am happy with the interest rate, but the total dollar amount is higher than I have liquid. What optio...

Avi Garg Damage higher than security deposit
5 February 2018 | 18 replies

One of my inherited tenants left after 5 years in the unit in Lakewood, OH. I have no idea of the unit condition when they moved in. The turnover is close to $10k with some upgrades. I have a few questions regarding c...

Ryan Cousins Higher Downpayment for Cash Later?
3 June 2023 | 6 replies

Hi Everyone - my fiance and I are buying out primary later this year (new build) and I am debating on how much to put down as much down payment. I was planning on 20-25%, but could go as much as 40%.Outside of the low...

Greg Todrank Lower CoC vs higher CoC?
21 April 2020 | 5 replies

Newbie questions.  I'm analyzing 2 properties as serious contenders for my first deal (long term rental).Would you pick a lower CoC in a "better" area or a higher CoC on a "lesser" area?  Neither area looks like "Esca...

Francis Rusnak Higher rate out of state?
16 October 2016 | 3 replies

I've been told you need to put more money down (25%) and can expect a worse interest rate on a loan for investing out of state. If I got approved for 3.8 for in-state rental property, approx what can I expect searchin...

Account Closed BRRRR Refinance in higher markets
9 September 2016 | 6 replies

I have questions about refinance while using the brrrr strategy. Once your getting ready to refinance, what kind of loan would you get? For example let's say I purchase a property for $300k and its value for $450k (th...

Michael Greer Small loan = Higher closing costs?
3 October 2023 | 13 replies

Hello,I'm purchasing three 1b / 1b condos in a good area here in Ohio.I'm financing through a bank and received my final closing disclosures on one of the units.Purchase price is $40k. Loan is $32K.Closing costs are $...

Armand Sepulveda Mortage higher than market rents
5 June 2023 | 27 replies

I'm very interested in renting out my current primary residence and moving to a different city but the mortgage I have on the property is higher than most of the monthly rents for similar properties in this market. An...

Trevor Martin Higher Rent vs Longer Lease
4 June 2013 | 6 replies

I'm renting a single family home. I've had quite a bit of interest at $1150/mo and think it would be relatively easy to fill.

I just showed it to a prospective tenant that pulled up in a $75,000 Mercedes and said he...