Hi Guys, What do you think about the idea of paying off your multi-family mortgage so you are not forced by the lender to get a (property insurance ) , to be specific, my loan is 1.3 million $ at a 4.7% interest rate,...
Hello BP world,About 2 years ago I bought a single family home in Philadelphia. I did a lot of things the wrong way, but I feel like all is not lost. I've been working on getting my credit score back up (roughly mid...
Hello everyone!I know this questions may have been asked and I have looked on the forum, but some of the information I am gathering is well over 2 years old. I just want to make sure it is correct. I am starting to ge...
Hi BiggerPockets - I'm relatively new to this game having acquired my first home, a duplex we are owner-occupying in the Boston area, late last year. With mortgage rates having dropped in the past 12 months, I'm explo...
Hi guys, I’m planning on buying a duplex for $50k in cash. The duplex is already rented out. Rental income is $1k per month. Property is in good condition.
After I buy the property I would like to refinance and pull...
Hey all,I'm 27 and at the point in my life where half of my friends are renting and half of my friends are buying houses. I'm doing neither, because I live in my parent's basement due to my upcoming wedding on June 23...
I have a property with a promissory note from private investors. Would like to understand 1031 exchange rule to understand what is considered as boot that would be taxable. Here is the scenario.The current property pu...
Hello all,After doing a ton of research, it seems to me that real estate investing gurus and their "subject to" teachings are going to turn good people (ignorant people) into felons. Just because someone is ignorant,...
After talking to a few banks, I've potentially found one that will do a 30k, 30 year mortgage for an investment property. But, they charge $325 non-refundable loan application fee. Is this normal/standard?
hello. I'd be interested to hear feedback from some of the experts on this platform. What would you recommend: buy 1 apartment in cash or buy 2 apartments with a mortgage. Country is Spain (where it's still possible t...