I own a single- family home in Corpus Christi, TX. The taxes & Insurance ( combined) have gone up $200 a month since the lease was signed. I don't think the market would bear a $200 increase in rent ( when lease g...
Hello BP family. I am seeking advice on some steps concerning getting funding for my next investment property. I have a fully paid off duplex and wondering what the best path to go down in regards to funding. Shoul...
The window of opportunity for buying looks to remain open for some time...
Mortgage delinquencies hit record high in Q2
Delinquencies and foreclosures set record in 2nd quarter, as more homeowners lose their jobs
B...
Full Disclosure. I am a noob. I have two properties right now mostly focusing on short term rentals/ vacation rentals. The first one I have stays booked and I clear roughly 1K to 1500/ per month from it. The other...
BP Family,I’m thinking about taking a 100k heloc on my investment property (it’s a condo). Interested to learn how others have used this approach to use the funds to buy another property. What is your approach or fram...
For conventional 30 year fixed rate mortgages is it possible to find a 5% rate anywhere (or anything below 6%) for non-owner occupied 4-units? If so, where?
Looking at a deal and the 6.5% I was quoted today will rui...
Hello BP,
So i have primary residence now on rental with cash flow of 450/month. have equity of 95k.
I want to fix and flip/ sell and have 20k cash on hand what's best way i can do this regard to financing / purcha...
We've purchased a home as a primary residence, zoned agricultural and with large acreage. Conventional financing has been a challenge as a result, but we've found a local bank that will work with us. They've presented...
So my line of credit of 140k just closed. What are some ideas on how to use this in terms of scaling my rentals properly
I have used a Heloc from my primary house to put a down payment down on a rental. I got that far. Now, however, I can't find any articles/guidance as to how to pay the mortgage and the Heloc. I know to put my salary...