Hello Everyone,I have owned this rental property for a few years now and I want to use 50K of the equity as a down payment to buy another property. The lending bank said they can do this either by cash out refinance o...
I am a landlord with a few rental properties and recently acquired a church with an attached house (rectory) which is on the national register. I have rented the rectory out to help pay the significant expenses of re...
I have a VA loan on my condo right now and I have lived here for six months. I got pre-qualified for $240,000 for my next purchase. What would be the things I should consider before moving out prior to that 1–2-year m...
Got this response from a seller. Does this sound reasonable?“…seller accepted most of the initial terms of the offer, but requested the earnest money be $3500 in due diligence (non refundable) and $1500 in earnest m...
I'm under contract right now for a small 3bd/2ba rental property which is a semi-attached home as it shares a wall with one other unit. I've done a little of investigative work and think I may have a good shot at maki...
I have a very good interest rates on my truck and home. 1.99/2.5. I have considered paying those down to "free up" cash long term, but I'm also considering the facts that my loans, especially on the truck, are nearly...
Hello,It seems that the cost of borrowing money is going up. There are points on mortgages for investment properties (one bank quoted 4 points today) + appraisals + loan origination fees+minimum 20-25% down payment.I...
Hello everyone. Please forgive me if the terms and use of them are not accurate as I am still learning. With that said, I may be looking too far ahead but I like to plan as much as possible so that I can avoid slowing...
Hey everyone,I'm freshly getting into this whole "buy and hold" strategy. My area in Provo, UT has a ton of Townhouses and Single Family Homes. These types of properties exist very close to two universities. I am sing...
Hello BP community!
I am looking for some opinions on the best way to quickly scale up a portfolio of buy and holds & Fix and Flips given the below situation.
Investor income (day job) - 300k plus annually
Deb...