Hi,
i have a duplex property in south LA.
purchased it for 275k now worth about 750k and I owe 525k in loan due to cashout refi that I used it for a downpayment for my other investment property.
Due to this cashout...
How are you determining windstorm and flood insurance costs for properties in the south Florida market? For those of us who cannot pay cash and require a loan, banks require windstorm insurance and many times flood in...
Hi there,
Im brand new to real estate investing but running into a problem I’m hoping the BP community can offer some advice on.
We have a town home we love and are now renting. We bought a house for more space and...
Hey BP Community! I recently got a pre-approval back from a great mortgage lender but was a bit sticker shocked when it came back at 5.50%. I know rates have moved quick over the past few months and can vary amongst r...
Just saw what PA did and has me super nervous: Set to close 3/31 and desperately trying to get it moved up to ASAP. My loan is approved, option periods are over, inspections done, appraisals done...were pretty much at...
This post looks at a somewhat newer investment philosophy/methodology, one that a lot of investors (and homeowners) are contemplating or embracing as housing prices and scarcity push some buyers out of the higher-pric...
Canadian investors make up nearly 30% of the foreign buyers market in the U.S. and I highly doubt they will be influenced by a visa offer. Why do so many Canadian investors purchase int he states?
Why do they buy in...
I know this question will bring a vast array of ideas and supporting stories but I want to know what you park owners and operators out there do for collections. If you own or manage a mobile home park and collect ren...
I'm looking at a couple of houses built in the 50's that have plaster. I haven't been able to get inside the houses yet so I'm not sure what the condition of the plaster is.
If anyone here has bought one of these, di...
TL;DR: A cash-out refinance will make my original property negative cash flow of $250, but my use of that cash (either in the "holding" investment or the eventual STR property to put a down payment on) should more tha...