alright i just paid off both of my credit cards.. limits of $5000 and $1000. I am going to be using the $5000 for repairs to my first rental property... My question is should I close the $1000 limit one? Will it impro...
My wife and I are looking to invest in a single family short term rental property. We've had our fair share of hurdles since making the decision. The newest one is that our lender just told us that we will have to pay...
Hi BP - what do you think of this closing cost breakdown? Feel like this is a bit unnecessarily high? Property is in upstate NY (not NYC), investment property, and non-owner occupied. House was 58k, 25% down.
Hi BP,I would like to refi my primary residence which has an 70% LTV. I want to lower my rate on a 30 yr fixed. I don't want to cash out. So far, all estimates have me paying 2-3% closing cost.What gives? I thought I ...
According to my real estate agent, deals like the one I encountered are extremely rare and sought after, but im a bit worried its too good to be true. I made an offer on a house and because I am doing 50% financing, t...
I just completed a cash-out refinance and in the process of shopping around for another mortgage when I realized something. Since cash-out refinances typically have a higher rate, would it make sense to immediately do...
Hey all,We’ve reached out to a few lenders in Denver as we’re looking to buy our first SFH (to live in). We have great credit and everything, and the best rate we’ve gotten is 6.25%. Has anyone seen lower rates than t...
Any good recommendations for someone who is familiar with HELOC on Investment properties in Ohio and California?
I am not in a position to act on this question but am genuinely curious about its possibility. When it comes to capital gains tax, this is paid when selling an asset for a profit after any adjustments that can and are...
Hello Bigger Pockets I’m wondering if anyone could help me know if I can pull off buying a multi family property preferably a 2 family in south shore or even close to the Boston area. I’m 21 and have 35K saved to make...