Drew Sharrer
Financing my second unit
I currently have a single family home that I have rented out for about 6 months. I am looking into buying a second in the near future. I really don’t want to drop another 25% down payment.
Paul Keddell
Not Working Out as Expected
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $90,000
Cash invested: $22,500
I was looking to buy a home in Akron and had a criteria I was looking for. Against m...
George Tiglianidis
2 months, 2 vastly different appraisals...
Hello BP family,So, two months ago I contacted my mortgage company to waive the PMI on my mortgage as I put in a ton of work into the home (bought it at $525k put $125k into it). The appraisal was ordered and my home ...
Account Closed
water pressure dropped after installing a new shower arm
I had a shower that worked fine except the shower head was low. So I installed a new "S" shower arm and put the old head back on with teflon tape on both ends. I then had a severe drop in water pressure. With the head...
Chris Suttman
Florida Homestead Exemption - What if Property Value Decreases?
Having a Florida Homestead Exemption limits your property value for tax purposes to +3% of previous year value. What if the property value decreases? For example... You buy a primary residence for $300k. The housing m...
Michael Brown
Refinancing - Lose PMI
Hello BP,I have a scenario that I need help with. These numbers are pretty spot on and a situation I am about to jump in on, however I don't understand the logistics of the refinancing piece.Say I offer to buy a SFH ...
Ryan Brady
Help me analyze this deal near military base
View report*This link comes directly from our calculators, based on information input by the member who posted.
Jamieson Brady
Having trouble renting townhome
We recently bought a SFH to live in and decided to rent our townhome instead of selling it. I hired my realtor we used to buy the house to rent the place, his fee is first months rent plus $300. Fast forward 3 mont...
Dexter Bowling Jr
Staying firm with rent rates or adjusting them due to Pandemic
Hello All,
I’m posting here to get another perspective on a current rental property in Fairfax, Va. I am a somewhat new investor. Pre covid, rents did 3k monthly essentially 1k per bedroom for college students at Geo...
Chris Mason
$3m / 60% LTV Assisted Living Facility Refi - Financing Survey/Review
Scenario: This scenario is an amalgamation of a few inquiries that I've had in the last couple months. Person purchased a neglected facility using hard money. Took a few years to get licensing, permits, etc, to either...