Hello BP,I have a question, is there any difference or benefit in making an extra mortgage payment monthly ($1,000) or just paying a large payment equivalent to 12 months ($12,000) at the end of the year? These are pa...
I am trying to figure out exactly what I will be paying back or monthly on a loan and for those who have gone this route to offer some advice. Ex: 100k loan for 12 months @ 12% interest only, am I paying pack the int...
Hello all,
I just wanted to share my recent decision of a retirement account to set up for my self and the reason why.A little about meI currently have $0 in traditional retirement accounts(IRA, 401K, etc). I took an...
I've not been bullish on the market for sfrs lately as many of my posts have stated. I continue to be cautious. When everyone is jumping on any bandwagon, the wagon may overload and break down.
If you're buying ...
Hi All!
My experience in multifamily thus far has been in the 1-4 space. My future goals involve larger properties and would like to start setting myself up to attain them.
What are the qualifications on larger mult...
I'm currently house hacking with plans to house hack again in the future but want to leverage the equity I currently have. If I take out a Home Equity Loan against my current primary to buy another investment propert...
I have a single family rental property that I have owned for approx 6 years. I purchased the property with a family member's LOC and it was purchased in my personal name.
Shortly after, I had a partner come i...
I recently filled out pre-approval application for a mortgage, however, the lender did a hard pull and told me they came back with no score. Credit karma gave me a score of 711, I know it is an estimate but I found it...
Historically, residential US mortgage rates are near their long term averages. I remember in 2003 when rates were in the 5-6-7% range, albeit with more aggressive mortgage terms available to almost any and all borrowe...
What fees are associated with assuming a commercial mortgage and how long does the process typically take?This is a prospective property in Georgia I'm looking at.