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Pros and Cons with this type of financing for investment cash out refi
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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...
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I'm Interested in purchasing my first multifamily. It consists of seven units and has a cash flow of about $5500 before all costs.What type of loans should I inquire about? Do most investors just apply at there local ...
A rental property that doesn’t cash flow can be a nightmare for new investors. But when the numbers no longer work, remember that not all is lost. Pivoting to another investing strategy can help save your property and...
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I am looking at purchasing a 2 family property, and was wondering if there was a way to avoid mortgage insurance if I put 10% down. I am specifically looking to purchase a property in the 500 to 600k price range in Qu...
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I pay my fiances mortgage. Its not in my name or anything. When she decided it was right to live together, i took over mortgage payments and she just still pays the utilities. The payment is auto-debited out each mon...
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Hi BP community,For those of you who have MF in Philly, which fire alarm company you are using the connect the fire system with the fire dep and monitor it? Also, what's your monthly cost?Thanks in advance for the sup...
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I'm attempting to refinance a mortgage that I took over. I flipped the house and am holding the note. The banker is telling me that since I don't own the house he can't loan against it unless the current owner is in...
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Hello everyone, I'm fairly new to the industry, I'm from Dallas, TX, as many as David Greens, Brandon Turners, and Ashley and Tony's videos I watched i think I just about have the systems down pat, but I would like t...
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Hello All,I was hoping to see if I could obtain some clarity on the 50% (60%) rule. I know that the 50% rule states that 50% of your rental income will go towards your expenses and then you would subtract your mortgag...