I'm looking to purchase a potential 2 unit apartment building, but trying to figure out financing. I have enough cash for a 20% downpayment, using traditional financing, but I do not want to tie up all my money in thi...
So I'm wanting to get my real estate license and I've read varying opinions as to whether I should take the classes online or the conventional way.I currently work as a freelance cameraman/editor so my schedule is fle...
I have a vacation rental property in southern New Jersey that I am looking to pull out equity for upgrades so it can be sold for the highest possible value. Based on the area, with some updates and renovations, the pr...
Hi All!
I hold a traditional mortgage on my 4 unit. Wondering the process of converting my deed to an LLC?
Thanks,
Tom
Between the two scenories, Which one generally offers the better interest rates and lower cost of obtaining the loan when dealing with bank financing? Option 1) Do a cash out refi on a property that is currently paid ...
Based on conversations with a lender that my mom and I have both used in the past, it seems like the norm is that STR income isn't considered in your debt to income ratio when getting a loan. With typical long term re...
Hey BP,
Frustration has mounted the last 6 months not finding my first duplex to reach my goal of 3 in 3 years. Time is money and the longer it takes, the further I set myself back on my goal. I am looking anywhere w...
All I am buying a house with the strategy to resell it to the current tenants... Seller needs immediate money, so I am buying it cash for 100... Retail value 140.
I understand that tenant could not buy it right away ...
Hi my BP friends, please help me with this query. If i decide to buy out of state , should i find a lender locally where i live or it should be from the city or area where the property is located? Also using traditio...
Good evening bp family. I would like to get opinions on hot water heaters vs tankless heaters. We have a 3 unit building with 3 separate water heaters for each unit. There is only 1 meter for the house so we have to ...