I'm constantly evaluating new markets.Please tell me what market you are currently focused on and why.What current trends are you seeing? What is the path of growth in that market?Thanks in advance.-jon
Hello BP, my partners and I are currently under contract to buy our first investment property (duplex) in Rochester NY. We’re putting 20-25% down on this $130k property. Our current lender came back and told us our ra...
Hi All, I am looking to purchase my first Investment Property as a Long term Rental. I have been working with a Realtor in my area, and he has just suggested looking at new construction homes. I am seeking some guidan...
How much should I plan on spending on purchase closing costs (in Florida)? I've heard 3%, 6% and the calculator on this site just says 2000-3000. Can anyone give me a solid answer?
Hi,
Can anyone explain how some lenders are offering low interest 3.5-4% but I need to pay for points or upfront costs? What does the points actually do? How does this method of lending affect a 30 year fixed?
Cheers!
Hey BP,I need to know if there is any legal recourse for the situation my wife and I have found ourselves in.We applied for a mortgage on a condo in the Cleveland market, we received the pre-qualification and placed t...
so I got pre qualified 12/31/2015. 3 days ago I finally found a townhouse that's in the budget and has been sitting for 6 months (winter listing). I put it under contract 3 days ago & have to produce the pre appro...
the first house I bought , lived in it for 10 years , rented it for 23 years . Now the long term tenants asked me to sell it . its in a upper B neighborhood , good schools ,house needs updating . Paid $ 51 K back in ...
Hi BPs!, Can you please review this provide some feedback, please? I refreshed my pre-approval to lock the rates. Here is what my lender provided.Location: Chicago, ILLoan 415KIf you put the 20% down, I give you two o...
Hi Bigger Pockets Family,I am interested in purchasing my first rental property and am stuck between choosing a SFH or townhome. I was pre-approved for 200,000, which is not a significant amount ESPECIALLY in my area ...