Hey. I can use a little advice. In June 2012, I took out a 7 year ARM at 4%. This past June, I was notified that my ARM has expired and my interest rate will rise. With rates where they are, do the numbers below make ...
I'm closing on a buy and hold property mid January 2019. My current finance options are a 30 year fixed at 5.75% or a 5/1 ARM at 5.0%. I'm curious what you all think is a better option?
Details:
4 bedroom 1.5 bathroom...
Commercial Real Estate Newbie question here!
I purchased a 7500sqft, 5-unit office building under an LLC that I use for my RE Investments. I purchased for 410K and the building appraises as-is at $520K. Current re...
Greetings, BP community.
It’s time to get serious. My wife and I have been saving capital for the last few years, wondering what we should do with it to make it grow. Our short term goal is to purchase a 4-...
Appreciate some BiggerPockets Community advice on which loan is better for our multifamily apartment complex. We are young real estate investors and will be seeking to expand our real estate portfolio in the future:1...
Last year I purchased a triplex under value market with an FHA loan. We lived in it while we fixed up all three units. We recently found out about the BRRRR strategy. We would like to use the equity on the home to buy...
I'm new around here. For the past several months I have been reading all I can get my hands, now I am reaching out for wisdom and guidance. For someone who is interested in walking the path of becoming the bank. What ...
I met a guy that told me that he is selling his property that is in foreclosure as a short sale, to one family member and after the deal is done the family member will do a quit claim back to him. This looks illegal t...
Hello,
New to real estate (my first BP post!) and I'm looking to purchase a duplex to owner occupy in Milwaukee as a first home purchase. I'm in the process of pre-approval and I'm still on the hunt for the right pro...
I have two buy and hold properties financed at a local bank. Both are 5%Apr set up on a 20 year am with a five year balloon. As a newbie I took what I could get. Is this a good deal or a bad deal? I have been running ...