Jon Mark
Refinancing HML to conventional with bad credit
Hello all,
I have found a deal that I need a hard money loan for since I cannot put 20 percent down on the property, it’s 4 units all on conjoining properties, it will be around 430k to get the deal to work.
However...
Lance Yang
Property tax for rental property in Hoboken NJ
Hi All, I live in Hoboken NJ and own my primary residence. Currently I am paying 6k per year property tax for my home. I plan to invest in a rental property that is similar to my residence. After reading some articles...
Chiara Poderi
12% interest Caveat loan
Hi Bigger Pockets network,
I found a last resource to purchase my new primary: a private lender that will give me the funds ASAP at 12 % interest and used my 3 homes as collateral. Two of those homes my husband and ...
Shera Gregory
Include third person roommate in lease?
We are considering renting to a couple who also have a friend they want to have live with them to help cover the rent. The couple together make exactly the 3x rent that we require. The third person makes enough to bri...
Nick Markovsky
1031 Exchange - Mixed use property
Hello 1031 pros!I am preparing to move primary residences and at the same time, sell a rental property that's been in business use for about 10 years. I am seeking to 1031 out of the rental and into a 'mixed use' pro...
Tadas Saudargas
Am I getting screwed on mortgage interest rate?
Hi, I'm getting a conventional 30 year loan on a $250k townhouse, 20% down, fixed rate. I'm working with a small lending firm (recommended by my RE agent) and we're getting close to "locking" the interest rate. The le...
Andrew Cornstubble
Swan dive into an empty pool
Investment Info:
Single-family residence buy & hold investment in Sedan.
Purchase price: $21,000
Cash invested: $1
Bought as a personal residence while trying to get back on my feet. Literally a...
Matthew Peterson
Have large down payment, did a DIL on a rental, now can't get a loan for a Primary. Any advice?
Hi everyone,
I have a quick question about purchasing a REO as a primary residence, but first some background info. Just wanted to get some thoughts/ideas.
I've had rental property for 6-7 years, all in Florida. I ...
Gerich Fellermann
Does my 1031 matter to the buyer?
Hello all,We're selling a small single family rental in NJ and are hoping to use the 1031 exchange parameters to roll the gains into another property closer to us.2 questions:1)do we have to state our intent to do a 1...
Alexander Sadeghi
Newbie in Denver, CO
Hey everyone, Alex here! I'm 26 years old and work as an Engineer for Facebook. I grew up in San Francisco until I moved to Denver exactly a year ago today. I bought my first property, a 1BR condo in the Capitol Hil...