So I'm trying to figure out the best return from these two mortgage options. Option A is 15 years at 7.5% and Option B is 30 years at 8.0%. Assuming that your monthly cashflow can cover either option, which option lea...
Hello, everyone. I'd like to start off by saying that I've already argued with people on this topic and I'm not looking to do that anymore especially with the same people since I've learned everything I can from them....
Hi,So I'm in the process of buying a home (yay - first investment property). However, the home appraisal will be on my own home because I'm doing a cash-out refi for the loan. Because I'm buying the property in cash...
Hey BP,How much do you budget when getting an estimate from a contractor? Once again, I’m in a situation where I’m spending more money on my contractor who is over his estimate. (Shocking, not.) I’m sick of being hose...
Hello BP!
Well i wanted your idea and suggestions on a goal I have. I want to pay off a $7,000 loan in the next 5 months. If I were to use my money from my job to pay it off in 5 months I would have to use up...
Hi everyone! We're about to refinance our rental property and I am looking for some advice. Here is some background information first. The property is located in Tempe, AZ and is currently valued at approximately $200...
Hey folks I’m going to live in this home for a year or so then turn it into a rental. Financing rate is the smartest one to choose if I want to continue to purchase nhomes down the road. Pic 1 is the interest rate pa...
I live in Michigan and my landlord has just threatened to evict me for having my girlfriend overnight too often. She stays overnight about 10-15 times a month but there is nothing in the lease referring to guests. The...
We purchased a duplex and Brevard county Florida. We are living in one side and getting the other side ready to rent. Because of the age of the house (1957) location citizens insurancr is the only insurance that will...
Recently purchased my first turnkey rental and started making payments on the mortgage. Mortgage is about $134,000 at a rate of 4.875%. The property has a positive monthly cashflow of about $300 before factoring in ...