Andy C.
Second home vs Investment loan. Which one better?
Hi all,
Second home Loan
Around 45% downpayment (to meet 50% DTI)6% apr1800/month mortgage (principle and interest)
Investment Loan
only 20% down7% apr2900/month mortgage (principle and interest)
Notes:
I can ...
Alex Bekeza
Opportunity Zones Program
I just read an interesting article about the "Opportunity Zones Program". I'm interested to see if anyone here on BP is already engaged with it and what there experience has been so far as well as their goals and exp...
Natasha Rooney
Learning about investing! Canadian trying to invest in US real estate
Hello everyone! This is my first post. I have been interested in investing in US real estate for quite some time and have spent the summer reading books and getting a bit more familiar with it all. I can't wait to pur...
Benjamin Blackburn
Is PMI decreased the closer you get to a 20% down payment?
Hello BP,I'm wondering if the amount of PMI is decreased the closer you get to a 20% down payment? OR is it pretty black and white... you either put 20% down or not.Thank you
Sean Schellenger
50% rule and 2% rule
When we build new homes or do a major renovation to an existing structure in the city of philadelphia, we are able to get a ten year tax abatement. I am trying to figure out how much of that 50% goes towards taxes fo...
Dan Klein
Property Manager or not?
we've used a property manager for the last 6-7 years and have been satisfied. But starting to look at all cost in addition to the 10% management fee and beginning to wonder if it makes sense to look at alternatives. I...
Porter Tarvin
125K to spend. How would you?
If you had 125k to spend in anyway possible for investing, how would you? The goal of your investing would not be to cash out quickly but to start a long term semi low risk investment. You have 125k in cash ready to g...
Lawanda Curtiss
How to predict market changes?
Hey BP,How can you tell when the market will change? I would like to buy and hold, but I am having a hard time finding a good deal. When I run the numbers, nothing seems worth it. I purchased my own home in 2009 for...
Ryan Peach
Use 401k to fund next REI?
I have roughly $30,000 in my 401k. I recently changed jobs and they do not offer a 401k program. After listening to Grant Cardone and the BiggerPockets podcast I am contemplating
pulling this money ($26,500 after fee...
Champ Leong
A bunch of eviction questions! lol
So... I realize any landlord can post a piece of paper on someone's door which says "eviction notice". My basic understanding is that by itself means NOTHING unless and until it is FILED with the local court. Is this ...