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...
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...
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...
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...
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...
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...
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...
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 $...
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...
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...