Hi BP,Can someone please help clarify the difference between a HELOC and a Home Equity Loan?Shamelessly my mother is going to be my first partner, as she wants to get into real estate investing as well. She owns her ...
I got an interesting foreclosure lead yesterday that I could use some help with. The seller purchased the property in 2010 using seller financing for $155,000 and he put $1,000 down and $1,000 toward closing costs. Hi...
My father passed away last October. He left his house to me, my brother and sister, equally. We decided to put it on the market, since co-renting it would be a hassle.
I've considered buying out my brother and sister...
hello bigger pockets. I picked up an income property and my mortgage and expenses come up to 1200 dollars a month. I'm renting it for 1500. I got a 30 year mortgage and owe about 160k. Do most people take the profits ...
Hello. I had a house in the suburban Chicago area for 5 years. The first 3 years it was a primary residence. Then once we decided to increase our family we bought a new house and converted the first house to a rent...
If I owe 137k on my mortgage and I have 100k cash to put towards it, can the remaining balance be negotiated? Want to sell to family member for 100k cash and then move. My sister got into a car accident unfortunately ...
Example: All in costs on a house $60k, sell for $100k (10k down and $90k seller financed @ 10% for 30 years). I would like to know what taxes are owed and if they are immediate or paid as the monthly payments come in...
Is there any way to find out how much someone owes on a mortgage without PropStream?Specifically looking for Salem County, NJ.
Hello,Curious as to how minimum payments work. Beginning is interest only. Current Heloc is around 6% interest, and a minimum payment of $100.00.Would it work like option a or b?A:$1,000 x .005 (.6/12)= $5.00 a month ...
Need some advice on a scenario I am working on. If I purchased my first home for 5% down - 275k @ 2.4% for example sake... what happens if in year 2 of my five year fixed mortgage I am looking to move to a new princip...