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has anyone had experience of converting an ARM to a fixed rate? Number 1, there were questions as to my new address (which I had updated at their prompting when I drafted my mortgage payment); whether or not I still ...
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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 ...
We have been in our primary residence for 8 years and, after a call with the bank, I can access around $125,000 of equity. Assuming 25% down, I have around $500,000 of purchase power. This would be accessing around 50...
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I bought a mobile home with renters in place. They stated that the dishwasher was not working and I therefore replaced it. Within 2 weeks they broke the new dishwasher. What is my obligation with fixing appliances....
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Hey! I've been getting some small rips in my couch cushions (from heavy STR use) and some stains on my couch cushions (again, from heavy STR use). I'm curious if anyone has recommendations on ideal couches to buy for ...
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Hi BP community, my offer was recently accepted on a SFH in Orlando and I would appreciate your thoughts / feedback on the financials to see if I should move forward. This would be my first rental property. I have unt...
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Hey everyone, I'm exploring the idea of a 3-year ARM mortgage with 15% down vs a conventional fixed year mortgage for a longer-term buy and hold investment property. The rationale for considering the ARM is that, give...
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So, I was getting really favorable loans from a local bank. They would finance purchase price on a BRRRR, repair costs, and if I did my figures right closing costs too and I would rarely be out of pocket. Now they've ...
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I was born in low income due to that lived in the hood, bad ones as a kid (Camden, NJ | Projects in PR) also first few years as a married couple (Texas Ave, Americana Blvd, O.B.T.) "Started from the bottom now we here...
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I am currently looking to access the equity ($50k) in my duplex. I have talked with a few banks and my options are:
1. Refinance at 4%, 20yrs fixed with a HELOC up to 80% LTV with a 4.5% rate
2. Cash-out refinance 4...