Greetings AllMy wife and I are planning to sale our home in the next 6 months. Primarily to get our children in a better school district. Our price range for the area we are anticipating moving to is between $200-$2...
good morning ladies and gentlemen!I heard lot of horror stories about HOAs. In order to decrease the chances of getting into a bad HOA community. What are some major key things to look for when looking at a property t...
Hello! I am currently looking into getting my first rental property through the technique of house hacking. I am 20 right now and currently live in the Minneapolis area. Just as most young people, I don't have much cr...
I have 3 rental units, owned and financed under my own name. It's definitely a small business; I am the only employee and sometimes my wife. I feel like it will make it easier to track revenue and expenses if I sepa...
I have this conversation frequently with investors investing in mortgage notes and private lending. Many people will look at the interest rate or even the yield to determine which is a better deal. But what many forge...
Second Home and High Balance loan rate increases
FHFA, the Federal Housing Finance Agency (parent of Fannie Mae/Freddie Mac) is implementing new “price adjustments” to all second/vacation homes and High balance loans...
Hello,Gathering some more info here before finalizing my investment strategy and curious if anyone knows if it's possible to use something like the FHA 203K loan, but on a traditional loan instead. I've heard from the...
Hello all!
I love the BP community and all the wonderful help and knowledge that is here!
I’m currently being put on my parents feed.
Now, I want to get a loan to pay off their balance $45k, get a lower interest ra...
Hi all, I have a SFR valued at around 215k. The original loan was for 170k and I currently owe 140k. What’s the best strategy to pull out the equity to buy another property based off the new value? Traditional banks I...
I did search BP on this topic. Apologies if I missed a thread! I am almost an expert in RE taxes and self file. Just currious re any unforeseen issues with foreclosing the note AND getting the property back with F...