I am curious what anyone else doing a similar refinance is seeing as far as terms. We are refinancing a duplex in Austin that has both sides rented, totaling $2650/mo. Our credit is slightly above 800. Current mort...
Would like to know how many of you buy down your interest rate when financing an investment? Month to month it makes cash flow "look" larger if interest is lower. But have to pay at closing ... esp with a refi, dont h...
We used a company to appeal for our small apartment in Houston (Harris County) this year. The result just came out. The initial assessed value was $890k and the final $820k. According to the bill they sent us, they've...
I would love to hear everyone's thoughts on this. Are you getting accepted offers with conventional and Hard Money loans. We are getting beat out by ALL CASH OFFERS on Properties between $150k and $200k. These prop...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $84,400
Cash invested: $17,000
MLS property: (Duplex) 4 bed, 2 bath, 1,958 sqft
List price: $110,000
Initial...
Hi,When syndicating an apartment building, who typically covers the attorney fees and closing costs? Does the syndicator or is that a fee paid out by the investors?Thanks.Eli
Hey everyone! So we are this close to putting in an offer on a up/down duplex in West St. Paul, but it definitely needs some work. We want to do BRRRR to get us moving, and we have to use our 18,800 from a HELOC for p...
Is there a typical cost to refinance an investment mortgage? Would be refinancing a property that I currently owe 146k on and is worth around 200k so it will be 20%+ equity 30 year note.
Thanks
Hi I am looking at a home in a flooded area that is selling for asking price 150k (can probably go a tad lower) tax appraised value was around 300kish ( I know since it has been flooded the value is more like 80% of ...
Hello BP community! Been on the BP forums, and podcasts for awhile and finally decided to make my first post. I decided to pull the trigger on my first rental property. A Turnkey Property in Ohio. 90k home with 20% do...