Does anyone know if the property tax rate is showing a higher rate than the amount of purchase if it should be reduced to the actual purchase price? I haven't been able to get a good answer from the county and was h...
Hi BP family,
First post here, been enjoying the discussions, lots of great stuff!
Want to get some opinions aside from my mortgage guy. I have a 2bd condo in Concord CA free and clear, current comp is ~250k, rents ...
I have financed the acquisition of a property that was to be converted in to a retirement home. The term of the investment went a little longer than expected, and I was just paid out my interest for the initial debt ...
Hi all,
I have been considering refinancing to get rid of the mortgage insurance but have held off because I don’t know if doing so will end up effecting the assessed property value and causing the property taxes to ...
Seeing 3.6 - 3.9% for 30 year fix. Current homes in Dayton, Ohio (Kettering, Centerville, Montgomery) @ 4.25%. Would now be a good time to refi? Would it make a difference in lowering my monthly and raising cash fl...
What is BP’s take on the current market for BRRRR?? I haven’t read too much into the current media but I’ve seen mentions on signs of a crash. Also some states are seeing signs of real estate depreciation (from what I...
I just completed a cash-out refinance and in the process of shopping around for another mortgage when I realized something. Since cash-out refinances typically have a higher rate, would it make sense to immediately do...
Hey BP,About to finish my first BRRRR but need some help deciding whether to do a first position HELOC or Cash out refi.-Bought house free and clear for 190000-Rehab was 100000-Appraised for 345000 (275000 80% LT )I’m...
Hello Biggepocketers, This is my first post and I am finally getting my feet wet. I am considering an owner-occupied Duplex and I got these two mortgage quotes:FHA: 5% down - 3.375% - fee: $400 - Mont...
Hello -
I have put my house on the market for the past 16 days on the MLS for rental. It's also on zillow, redfin, realtor, trulia and facebook market place.
It's fully furnished. I added a 25% premium compared to c...