Michael M.
2nd FHA mortgage - 3.5%?
I currently own a home with an FHA mortgage in the Bronx, NY. It is a 2 family home and I live in the home.I want to refinance to get rid of PMI, get rid of FHA, and tap equity to buy a second multi-family home in th...
Patrick Fitzgerald
How would you invest my money?
Hey all,
Long time lurker here, ready to invest in some rental properties. Im interested in hearing how you would invest in my situation.
Me: 300k to invest, 18k a month w2 income, 780 credit score, and No Per...
Disi Zhao
should i sell this rental or keep it???
Greetings RE pros, I wanted to get some advice on if i should sell my rental property? Please see below details.I have a fixed 25 year mortgage with 3.375% interest rate. currently renting for $1925 with expense and e...
Edward Burke
Collateralized Loan - FHA Requirements for Down Payment
Hello BP Community,I'm going to place an offer on an investment property, but I need to secure a collaterized loan (2nd mortgage) on an existing investment property. I've already lined up the person who is willing to...
Jordan Low
First house the hardest?? Obtaining second property question
I am confused on the process of obtaining a second property and am hoping some of you wonderful people could help make sure I am thinking about this correctlyI bought a 3B 2.5BR single family house about 2 years ago a...
Ava G.
Expensive vs cheap rental property: Which is better for positive cash flow?
We are considering two options as a first rental property:
1. A condo unit in the center of one of the fastest growing business hubs with a very good view of the city skyline. It's just a walking distance fro...
Zachary Wolf
Why do investors sell cash-flowing properties?
I've been researching small multifamily properties, and I (being the pessimistic skeptic that i am) constantly think people are dumping bad properties off on "the next sucker". I understand sometimes people want to sc...
Michael Moore
B-Class in Harford County
My wife and I are trying to get started with our second attempt at REI. The first time I bought a place in Baltimore city but the wrong area and didn’t have any idea on what it meant to be a landlord with a very young...
Zander Kempf
Community for Experienced Real Estate Investors?
Does anyone know of a good community that's specifically meant for people who are more advanced in real estate? Looking for a good place to connect with others doing larger (10-100mil) deals.
John H.
Hotel rooms for the homeless question in MA
In my area we have lots of homeless families living in hotels. The state of MA pays about $82/night per family to live in the hotels. Does anyone know if we can set up a house as a short term rental and have the ...