I am currently looking at refinancing my FHA mortgage and looking at different options. It's a 30 year fixed 3.375% I wanted to either look at a HELOC to pull some money out and use to purchase my first rental, but l...
Wow, it's been years since I had to do a 30 year mortgage on a conventional rental (4 units or less). I'm thinking of trying it again for a property that i found. I could easily do a 20 year commercial, but I like Aun...
I've been sitting on the sidelines waiting for Q4 2022 to come along because I'm currently looking for a primary residence and getting married in October - so I've been saving my cash for then and not investing. I've ...
Hi all!
I have a Fourplex under contract in a growing area outside Orlando. While I have two houses, this would be my first multifamily.
Looking at conventional financing, my cash on cash return would be roughly 7%...
I just closed today on my first property. We done a conventional 30 year loan and at closing there was a paper I had to sign that said I must have the home as my primary residence for 1 year. My wife and I are thinkin...
Hi everyone
So I close on a property this Friday (yay!) and was thinking today about ways to refinance it. I will be paying cash. I have talked to a few banks and I have a few options:
1. Identify next property and ...
Hello BP community!
Young (20) and married. Just moved to Madison, Wi from Seattle, Wi for a job. Work for a healthcare field position that’s very flexible in my time but I can’t do the 9-5ish much longer... Just not...
Creative financing solves an important problem for almost every type of real estate investor. Don’t have enough cash? Try creative financing! No credit? Try creative financing! Ran out of conventional loans? You alrea...
I'm looking at a local property here in PA that has 2 SFH's on 1 deed, unfortunately its over my cash purchase budget but it is one of the better deals I have seen in the last few months of looking around and could ca...
Guys with rates at record lows and staying there for quite some time (if you're in the long term low i rate camp). Is anyone looking at a ARM or done one?