I have a quick question (or two) regarding getting refinancing!1) Do I have to wait until the end of the term of my mortgage to refi? 2) How is the equity paid out? ie. Existing mortgage of $350,000 Valuation of $400,...
I currently have 2 rental units but am looking at buying my first multifamily property in my hometown here in NC. It is a 2/1, 2/1, and studio triplex. I am going to be using an equity loan for 1yr intrest only to pur...
I want to use an FHA loan to purchase a nice brick four unit near the University of Nebraska in Lincoln Nebraska. I used the FHA loan program to buy my first single family home in Ralston, Nebraska back in May of 2016...
I’ve been learning more about the BRRRR strategy recently but am having a hard time trying to find strategies for Canadian real estate investors. Can anyone provide resources or examples of their own refinanced proper...
I posted last week with woes regarding lending - lenders only were wanting to grant 20 years, in short.Deets:
1. House was purchased for 62k. I had to put 0% down. In all, I'm about $3k out of pocket in this deal.2. ...
Hello BP,
What are you tax consequences on below situation purchasing property under Checkbook LLC.
Purchased owner financing commercial property with 2 partners (33% ownership each) for $1,250,000 with down payme...
Hello BP,
What are you tax consequences on below situation purchasing property under Checkbook LLC.
Purchased owner financing commercial property with 2 partners (33% ownership each) for $1,250,000 with down payme...
Me and my boyfriend bought this Duplex in Anderson IN on very steep terms. We have it on contract at 6 years for $30,000 with $3,000 down and paying 10% interest. Both units are rented and it makes $800 monthly. We ar...
Hello,I really need to refinance a property- currently paying the mortgage and loans/cards that I used to rehab it. However, my credit score is low (mid 500s-because of this) and I am out of money. Refinancing it woul...
I have 2 homes that I bought as a package, one mortgage. I have rehabbed one of them, the other is decent but does need some work. Is there any way to refi the package together, going to a 30 year note and pulling ...