I'm trying to qualify for my first home that I will turn into a primary residence and rent the rooms out. As my first investment, I've determined this will be a great way to get started in the real estate world. I'm i...
Hello BP- need your advice on deciding between two completely different two family homes. These are strictly for investment purposes. I live in New Jersey and taxes eat a good portion of your profits here. Both proper...
Very new to me. HELOC Who else has taken a "home equity line of credit " in order to speed up the process of paying off home earlier. I heard you can pay off your home 5-7 years. New to me would like to hear some w...
My wife and I have been living in our current house for the past 23 years which is fully paid for. We bought it in 93 for $300K with the taxes of $8K and now the taxes are almost $20K and the house is worth about $1M,...
Let’s say for instance, I’m looking to buy a duplex that is $200k, I can either use a FHA loan 3.5% down or use a conventional loan with 20% down. Wouldn’t a FHA loan over the course of 1 year save me more money? In t...
Hello, everyone! My wife and I have recently paid off our home and are really interested in getting started with investing in a rental property. We are currently leaning towards buying a duplex or a multi-unit prope...
Not sure if this is the right forum but it's about a mortgage...so, we've lived in our house for 2 years. It's a new development and we know the starting selling prices on the houses have gone up since we moved in. We...
I am looking for my first property in Chicago. To my understanding, conventional loans have lower interest rates, but you max out quickly your capacity to use conventional loans. With the idea that I'll need to go the...
Feedback appreciated. I am almost 50. 3 kids all under 8 years old. I'm the sole income in the household. Retired from civil service with pension of 8k monthly. About 500k invested in a 457 from work. Just sold in NY ...
Hey everyone!
I wanted to get some advice about my investment property. So, in 2020, I bought my first house with only 5% down. I put in a lot of work and made some improvements while I lived there for a year, which ...