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I'm about to do a cashout refi on a rental and I'm torn if I should buy down the rate, or wait hoping that rates will drop and refinance sometime in 2024. I'd appreciate some thoughts and advice The rate is 7.9 perce...
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My long time broker's fees were 20K per property or 80K. So I went to Aimloan, who originally quoted me 5K per property or 20K total for the four. Now I get the disclosures and they are 10K each, basically 40K or 8%...
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I am looking at a short sale that the bank has approved a price on of $180,000, which is the listing price. There had been a contract on it which fell through because the buyer's situation changed and he could not cl...
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I'm not sure if this belongs in this forum or another forum. I am selling a condo FSBO, and have an offer on the table.
The offer is $8,000 below our asking price, and also the offer contract requests that we put ...
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I'm in the process of buying my first property (a condo in the northern suburbs), and I close in mid-October. It will be my primary residence (not an investment) and I'm putting 20% down. My FICO is 804 and I was appr...
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I’m planning on house hacking a duplex for 185k. However, I have a dilemma with choosing the best loan option. I plan to move out after one year and put someone in my unit and repeat the process again. My goal is to o...
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Just looking for your feedback on something I struggle with. Would you/do you purchase lower cost (50-75k) cash flowing properties or would you/do you continue saving and purchase larger higher priced (200k+) cash flo...
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I am new and looking for ways to ear mark capital for InvestingI have roughly $100K in home equity. Are there specific ways I can go about using that equity to start investing? Would this be a generic refinance, a h...
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We have an 8 units (2 buildings with 4 units each) that we plan to purchase. Two options we are considering
1. buy them under personal name at interest rate of around 3.X
2. Buy them under LLC but then it will be co...
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Hi All,I am purchasing a home to house hack in Alexandria VA. I have two loan options, and I am interested to hear thoughts between the two. They are very different, which is making me struggle with comparing them. Pu...