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A friend told me about NACA mortgages today and they are offering incredibly low interest rates (in the 1's) and don't look at credit scores. They also advertise no fees, no money down, and no PMI. This sounds too goo...
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I've been searching around the Yonkers/New Rochelle and Stamford/Greenwich area and the cap rates are incredibly low; almost not even there. I am seeing 1% - 3% cap rates in these four cities. What gives? How does one...
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Hello I am trying to get a sense of what a reasonable rate for a conventional 80%LTV loan would be (ballpark). I'm looking to buy out of state rental property. 20% down from my HELOC. I have excellent credit and I w...
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East Cleveland players. I have a potential property that tested positive for lead based paint (built in 1925 so no surprise). Any advice on how to handle it? What is reasonable cost for abatement? Thanks in advance.
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The market jumped up about 23 more homes active this week. Maybe its gaining some winter weight? C’mon market, get chubby already!Days on market are limbo-bar low.Interest rate increase of .5% announced today. The n...
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Anyone have experience buying fire damaged homes and flipping them? What was your experience? Did you have problems re-selling it once you were finished?
Hello all. I am a new investor and I currently own a condo in northwest DC which is an expensive area. Using the 2% rule and 50 percent cash flow rule Brandon mentioned, none of the properties work out and you actual...
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I figured it would be a bit of fun to see what people enjoy when they select a whisky/whiskey.Irish? I suggest Teeling Single Grain or Green Spot.Scottish? I am partial to peat or smoke. Ardbeg Perpetuum or Balvenie D...
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BP,
I'll keep it short...Does anyone rent a property that uses a water well instead of city water? How do you manage that?
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Hello everyone,
Glad I stumbled upon the BiggerPockets community to level up my plan for financial freedom. I'm looking for those who have more experience to give your two-cents on what to keep in mind given my situa...