Investment Info:
Small multi-family (2-4 units) buy & hold investment in Okoboji.
Purchase price: $130,000
Cash invested: $29,990
Humble triplex located outside of downtown Greensboro
Wh...
So when analyzing potential investments in the flood plain, do you just factor in the cost of the flood insurance? Assuming two properties are in the same part of town, but one happens to be in the 100 yr floodplain a...
Hello and thanks ahead of time for any answers you can share!
I hold a first mortgage note on a single family home. When I go to sell it to a broker, do I have to pay taxes on the sale? The note is 3 years in...
hi everyone i am a newbie and i have a question about a line of credit i want to take on my personal residence. i have around 650k equity on a million dollar home with 350k (mortgage + old line of credit combined). i ...
Hello BP community, I am about to try and get pre-approved for a 203K loan. However, i want to shop around with different lenders to see who can get me the best rates. Now my question is? If i send all my information ...
Hi everyone!Long-time lurker - finally getting around to posting on here! I have a condo that I purchased in ‘18 that I’m looking to refinance. I’m just starting the process of shopping around and looking at various l...
Hello All
We just applied for a Heloc this is what is being offers to us. Please advise all input is appreciated are these terms considered reasonable or should we apply with another institution.
You have been condi...
Hey everyone!I'm not new to purchasing properties, but this will only be the second property I've ever purchased and the first in this new area. My first property was a Single-Family home right before the pandemic in ...
I am thoroughly confused by insurance for rental property.I brought a townhome. My agent gave me a quote for ho3. then lender said u have to take ho6. then i took ho6 and closed the loan. after renting it out, now the...
Hello there i am buying a home in texas where the previous owner has given a 30 day notice to vacate since their contract was expired and 45 days later tenant is still there. I have been given a discounted rate so agr...