Hi, my name is Jumel I reside in San Jose ca, Im interested in investing in real estate. I have no experience in real estate or investing. I am here to learn.
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First time on BiggerPockets & first post. i’m working on a deal the homeowner wants 100,000 for the home asking for 50-60k down homeowner will finance the rest any recommendations on how to write up a contract fo...
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There is a mortgage payment strategy that says to pay half of the mortgage payment on the 1st/15th of the month and the 2nd half on the 15th/30th depending on the due date of the payment. This reduces the amount of i...
Switching jobs is a HUGE career decision that impacts not only your finances but also your schedule, quality of life, and more. When is changing jobs the right move, and what are the different factors at play? Today, ...
We have the ability to pay $200K on our existing loan which is at 4%. Instead I am wondering if I should invest in an addition (approx 600 sq feet), 1 master bedroom, 1 bath & space for office. Current home is ran...
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A teacher I used to have has 38 properties and all 10/15 year mortgages which all have break even cash flow which in turn lowers his taxes from his full time job. After the 10/15 years he refinances and pulls out as ...
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I'm in the position where I will soon either buy another rental property, resulting in $500/month cash flow, or pay off the balance of a second mortgage which would also result in $500/month additional cash flow. Both...
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Good Recap by Mortgage News Daily on yesterdays FOMC and ensuing reaction of mortgage rateshttps://www.mortgagenewsdaily....There was some debate as to whether or not the Federal Reserve would hike the Fed Funds Rate ...
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I'm hoping someone can give me advice on whether or not purchasing a 3rd home to do a guest suite rental would be a good idea, given our current situation.My husband and I own two houses: One in Vancouver WA and one i...
I would like to qualify for a new home loan. I spoke to 3 different home loan officers and they have given me different information each time. Here's my scenario.I bought my house in 2016 and started renting it out ...