Greg Hammond
Should I sell my home or keep it as a rental?
Background: Bought 3 bed 2 bath 1900 sq ft primary residence home outside of Sacramento in 2019 for $540K. I used the VA mortgage loan with 0% down (no PMI) and currently have a 30 year mortgage rate at 2.25%. I wil...
Jay Wargo
Attempting to Purchase FSBO Duplex in Burlington VT
Hey everyone! First meaningful post here so I figure I'll make it a good one. My better half and I are potentially moving to Burlington VT sometime before June when she starts classes and I'm leaning heavily on doing ...
Phil Begay
Profits in High Tax Rate Cities
Can one make money with rental properties within a city that has a high property tax rate?
Erick Sembrano
Off Market Duplex - to buy with an agent or without?
Hi Everyone! Just wanted to hear your thoughts and advice for those who have bought off market properties both with and / or without a real estate agent. So we got in touch with the property owner (via mail) of duplex...
Mark P.
Should I refinance out of FHA to get rid of PMI?
So I am at a crossroads right now and would like some feedback. Currently, I rent a place out with a FHA mortgage t 3.75% owing $182k on the loan for a place I bought in 2011 for $205k. I pay $2100/year in PMI and r...
Jieying Fu
Detached room and deck with no permit
Hi! We’re interested in a single family house property. However it has a detached room that is permitted as storage room but listed and used as an office/den/gym. And the detached room has an attached deck that has no...
Eric Dufault
Input on 203K Streamline Strategies for Flip
Good Afternoon BP,
I'm playing with the idea of doing a 203K Streamline Mortgage on a distressed property, inhabiting it for a little while, and then putting it on the market. I'm looking to do a majority of...
Blake Beeson
Starting an LLC, quick question
I'm about to start my first LLC for real estate investing. My fiancee owns a home in FL that we currently rent out to long-term renters. We've been renting the house since 2019 and have always had a renter in place. T...
John Thedford
Properties For Sale Are NOT Comps
Just had another "wholesaler" send me a PM through BP. They have a house on Marco Island they need to sell "fast". I queried them if they have it under contract. The answer was "yes, we do". I then asked for comps. Th...
Paul B.
Mortgage assumption - in need of experienced guidance
Hi All,
I'm looking for folks who have assumed a mortgage before and can help me figure this out. Ok. So here's the deal. I've got a mortgage assumption on a multifamily property (4plex). Straight-up assumin...