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What strategies and demographics are best to consider when establishing a target market?
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I’ve heard different things some say that you should go with the big bank like Chase for commercial multi family but I’ve also heard to go with some local banks for the cheapest rates I’m looking just for a normal ra...
My lender provided me a rate of 6.375%. This is for a 20% downpayment. If I put down 25%, I can get the rate lowered to 5.75% (a decrease of 0.625%.This does raise my cash on cash return. Should I do the 20% or 25% do...
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I put the following tirade together to show my friend how real estate beats the market (equities, stocks). The scenario below is the actual property I purchased last year. Please let me know if I'm off on my assumpt...
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I'm about to refinance my investment property under the HARP program and was wondering if I should go with a 15 or 20 year fixed. APRs for both are attractive and the 15 yr. would be about $180 more per month and I w...
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Hello,Does anyone have experience using a HELOC to pay down a mortgage? I recently heard about this strategy and I'm intrigued. I don't understand how this is more beneficial than just paying more towards the princi...
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Hey Fellow BP Fans,I've had an opportunity arise in which I may be able to purchase a set of three 4plexes in a bundle. The seller isn't interested in any sort of wrap or seller finance so I would like to purchase th...
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I’m am looking for a HELOC, so that I can have capital available for down payments/investing. I have never had a HELOC. One company wants to refi the conventional loan on my primary residence in combination with the H...
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Please define wealth. What is wealth to you? It is important before you start and get to far that you have an aim point... A goal to work backwards from to today so you can make a specific plan and take deliberate ...
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Dear Fello BP Community,I am somewhat new, we've had our first fourplex for around 6 months now and have just completed rehab on two of the four units, with the plan to rehab the remaining two. We've had some great su...