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Hi Everyone, I finally have close to enough money to begin investing in properties. When I was in the US the plan was clear, I'd start with my own money for the down payment on the first house, build up my reputation,...
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From what I've seen on my time on BP, success can be found in interesting markets. What are your thoughts on Odessa, TX?
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Hello! My question is very location specific. I live in Columbus, OH. Where I plan to invest in my first multi home building. I will be seeking an fha 203k loan as I don’t have much liquid cash to get started. (Want t...
Background: Wife inherited a 4-plex from her mom. Approximate value: $500K with an $135K interest only loan. The 4-plex is a cash cow and she has no intent to pay it off. 1) Should she keep the existing loan even...
Hey Everyone!I'm closing on my first property that I will be house hacking with. I'm in a condo with a buddy paying me rent. I will have a $220k 30-year fixed rate mortgage at 4.875%. Using amortization calculators I ...
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Has anyone worked up a cost and features comparison of the common / well-known custodians?
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Apparently ~60-65% of existing homeowners’ outstanding mortgage loans carry a rate at or below 4%. With new mortgage rates averaging above 7% per the Mortgage Bankers Association, I’d think that there should be opport...
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Guys, lately I've been catching a lot of flack for my last seller finance deal...Our seller offered 5% interest only for 7 years...I jumped at it. But, some people think interest only is dangerous. Pros: - more cashfl...
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Greetings all,
Am new to the real estate investing world and am curious to get everyone's thoughts on whether they finance at 15 years vs. 30 years? Currently looking at both single family and multi-family o...
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I am purchasing a New Construction home in South Florida that will be complete in August 2019. I have already been pre-approved for a Conventional 30 year Jumbo Mortgage but I am looking to attack and pay off this hom...