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If you do some maintenances on your rental property, such as fixing a clogged toilet, replacing a broken door, etc., can you count your own labor as expenses?
Thanks
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Investing is about leverage. Leverage is about stability. If the rate on the loan adjusts annually, you can be pretty sure the rate will adjust up. Take a look at how just two percentage points can change your payment...
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I recently purchased a home listed on the MLS for a good value. It was owned by HUD but listed like any other home for all to be able to buy.I submitted a property value request to our Texas county appraisal district ...
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Can you do a 1031 on a property you have new construction on but you held the land for over 2 years prior to construction? All initial intentions were to build and hold for long term investment.
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BRRRR Strategy - First property.... I was unaware about the 6th month seasoning requirement by most lenders, but I found two that would refi after the rehab is completed. What would you do in this situation or is ther...
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I have thus far only done fixed rate and fixed term deals. Easy to plug into the BP calculator and see if it makes sense. Any suggestions on how to analyze ARM deals? I'm looking at a portfolio of properties, local...
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Hi All,I'm doing the math on the benefits of investing 2K a month into paying my mortgage off early and it looks too good to be true so I'd really appreciate others thoughts on my math:$755K, 28 yrs remaining on a 30Y...
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Fellow BPer's,
I've done 3 or 4 deals already with traditional financing but I have an opportunity to potentially buy 6 units (3 duplexes) with a partner. We can still afford/qualify 4 of the units under traditional...
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Currently I live in My principal residence which I plan on turning into a rental within the next year. I had a 5/1 ARM that went adjustable 5 years ago. The interested rate has been great! ->Currently the ARM inter...
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Hello everyone. This is my first Official post. I will try to be as descriptive as possible.I own a SFH in Virginia Beach that I purchased 7 years ago with an ARM. I'm currently paying 2.375% interest and it's set to ...