Hi all, Looking for advice on purchasing of a 2nd non performing.Note is for 4 bedroom , 3,000 sq feet miramar, florida, 33027.Note seems to me have partial equity.Property BPO $350,000First Mortgage is convensional. ...
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Myself and my wife just entered escrow on a triplex in a small coastal California town named Cayucos, in which we live. We are both real estate rookies, aiming to expand our long-term rental portfolio.
We currently...
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I am currently refinancing a rental property that I own. The new loan will have a $77,000 principal balance and a 15-year amortization and term. The loan officer presented me with the following interest rate options:3...
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Monday I finally closed on rental number 8. I had signed the closing docs and everything two weeks ago, but the title company jumped the gun and the seller ( Fannie Mae) had not approved docs yet. They rescinded t...
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I've brought this topic up elsewhere, but would love to hear more input from seasoned but and hold investors. Let's assume only the givens to making money exist on these, meaning no appreciation or rental increase....
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Let me preface by saying I have a genuine interest in the answer and I'm not trying to stir up the passions more. I'm really just trying to understand where my logic is faulty.Here's the scenario.The big thread right ...
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I'm encountering a situation right now, which I will attempt to generalize in this post. Looking to discuss the pros and cons, to ensure I am not overlooking anything on the financing side and understand the risks/be...
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Hey, guys!I've been on BP for about 7 months now and I have quickly learned two things:There is no better place than BP to talk real estateThe wealth of information on BP is immeasurableI've read and learned quite a l...
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Hello my bigger pockets friends! I’ve got a deal, a house that has been vacant for some time. Now I did my due diligence and found out the owners name and got his email which eventually led to me getting a call from t...