I'm in Memphis and have a rental that I'd like to sell. I paid just over $100K 3years ago but think i could make $60K+ on it. My tenant just signed a 1 yr renewal in Sept. Can I can legally asked the tenant to move an...
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If you were to choose; to renovate your existing house (complete knock down) to add more rooms and value to the house (with no additional doors to add to the property)? OR wait for the housing market correction and i...
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Hey guys,I have a condo conversion project in the works (making two units into one) and planning to close at months end. Construction should be roughly 6-8 weeks and I have a hard money loan all lined up. 85% LTC.If a...
Dear Bigger Pocket community,First of all all my apologies if this post seems to have already been talked multiple time - I just have not seen it through the eye of the cost of the loan.I am considering buying two pro...
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Curious? Is it possible to do this or what are the chances of assuming someones current mortgage? If this is possible, where would I start, are there any website that market stuff like this?
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Hi All,I have a simple, but silly question... I closed on 2 properties this past years. Let's say $350K, 50K down, seller financing at 6% IR with a 5 year balloon.Let's say I start to shop around and to transition fro...
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So, to humor myself today I opened one of those common mailer advertisements to see what crazy low rate they wanted to push me on my condo for. To my surprise it was actually for a 4plex that I just purchased less the...
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Are the terms/requirements/guidelines for a conventional/conforming Rate and Term refinance different than a cash-out refi? Not asking about the differences in the product/concept, I've got that. Also, not talking a...
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Seeking guidance on how best to exit a partnership mid-flip and the tax implications I should prepare for.Detail and timelineI bought a duplex in January for cash - standard closing with the buyerIn May I let a partne...
Does Rent Hacking work better than House Hacking in most markets? I am wondering whether it is better to rent hack than house hack in most markets.