Hi all, I’m in Columbus,Oh. We are in a high demand/low inventory housing market right now. House prices are at all time highs. I’ve always learned that buying when home prices are low/higher interest is better than ...
As the broker of Graystone Investment Group, many of my agents are worried about the market and struggling with the typical "rates are too high to move" or "rates are too high to buy." However, while rates are high, i...
Im in the process of securing a 30 fixed rate FHA loan on a duplex. Credit score on my personal Experian site shows as 818. The lender says it is 771. Not sure why there is a discrepancy. Today I received the loan doc...
My husband and I have five investment properties. Our interest rates are between 4.625 and 6.25 and the balances are less than $100k on each property, so do we work on paying the principal balance down and not have s...
Hey all!I'm looking to buy my first property right now and put in an offer for 440K on a 2b2b in Joshua Tree, CA. The offer was accepted and, LONGG story short, my mortgage officer pre-approved me for the wrong type o...
Investment Info: Buy and Hold Duplex in Minneapolis, MN
PurchasePurchase Price: 302,500
Remodel Budget: 50,270Initial Loan Terms: 5.125% interest rate fixed for 5 yrs, 25 yr am, 246k loan (80% LTV) - $1953/mo PITI. ...
My name is Islam Hassan. I am hoping to get into real estate investing very soon. as a family we have some cash saved that we have watched do absolutely nothing in the banks for sometime now. I am studying to become a...
Hello dear investors,I would like to hear what percentage interest rate have you guys paid for land contract/owner finance??I found a home owner willing to do a land contract with me on a SF but he’s asking for 8% int...
Hello BP community.
I'm in the DC/ VA area and I'm under contract in one of my properties. I'm thinking of doing a 1031 exchange with it. If go that route, I would need to spend about $850k total. If don't do a 1031...
Happy New Year BP,Was hoping to get your take on the BRRRR strategy. Here in California homes are still very expensive and so is lending. Does this impact the success of a BRRRR? Or is it insignificant so long as you ...