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Results (10000)
Ashton Karp Home equity loans to avoid capital gains upon sale
1 June 2021 | 6 replies

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...

Chris Munichiello Can I Afford a Multi Family in MA
27 December 2018 | 5 replies

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...

Account Closed Closing Costs Too High? :\
21 June 2018 | 5 replies

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.

Jackie F. Refi Primary Mortgage - Closing Cost Are High
28 July 2017 | 2 replies

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 ...

Sarah Jane Eugenio Been getting mortgage ‘prequalification’ letters in the mail
5 August 2019 | 11 replies

So ive been getting a lot of pre qualified mailers and offering lower monthly payments, rates and a cash back. But when i look at the total loan they offer, i would still owe them the whole amount with the cash i got....

Andy T. 3% down conventional loans
5 September 2023 | 7 replies

I had a plan of house hacking but with my siblings and cousin. Idea was to get a house for 1-2 years then refi and move to another house and acquire properties like over time. My question is if we do a 3% Down convent...

Adrian Lammersdorf-Scioll Help on renting a mid term rental in New Smyrna Beach
2 August 2024 | 7 replies

I'm working on helping some clients/friends of mine get their condo rented as a medium term rental, but not getting many hits on it, only one person that never answered me back after multiple calls and texts (stay has...

John McAllister Can I negotiate my rates days before closing?
8 July 2021 | 1 reply

So today the 10 Year bonds are dropping - sitting at 1.25%I am closing on 7/13.I locked rate when 10-year bonds were 1.59% - locked at 2.875The rate sheet I found says for USDA loan in PA today it is 2.5% to 2.25%That...

Isar Papaladze Need help analyzing Rental Property.
3 March 2019 | 8 replies

Hi, I need help analyzing a rental property.Sale price is $795,000.building has updated/renovated exterior + interior 3 out of 6 units, has separate meters + coin operated laundry room.Tenants 5 out of 6 is month to m...

Yaya Y. Pros/Cons of Seller Financing
4 March 2019 | 2 replies

What are the pros and cons of a seller wanting to lend paper rather than an outright sale?Why would a buyer want to go with financing from the seller rather than a conventional loan from the bank?Thanks. Any insight/e...