I have a mortgage loan for 703K at 2.875 interest (7/1 ARM, still 6 more years left) - I am paying $2988 I have HELOC for 90K at 5.25 variable rate, i am paying $370 per month (interest only)I have two options now 1. ...

This is probably a stupid question but I'll ask any way. If I have to pay back the loan in 5 years what is the meaning of the 30 year Amortization of the loan and why are certain loans structured this way?

When I convert my primary residence (single family home) to a rental property, am I also required to refinance my mortgage to that of an investment property?

Thanks !

hello,
My father and I are looking at buying a duplex. It’s an older house converted into duplex. We’ve been told that it’s a higher interest rate for that. Does that seem right to anyone? I’m sure this is against th...

I am a Canadian investor with a US corporate entity- we closed on our first property and now working to find financing through a lender… however rates keep changing all the time.. is there a site to track rates ?

I've ran about 30 properties through the BP rental calculator, even if i renovate the basements I'm always coming up 400-1000 dollars short of breaking even. I've looked into house hacking and then moving out in 2 yea...

Just got my offer accepted on my first property, a duplex. Huge fixer and will be living in 1 unit and renting out the second.Currently trying to figure out which loan-program I would like to go with and the ARM sound...

Hi everyone,My name is Shay, new to biggerpockets. I'm very interested in cashflow investments in Chicago. Lately I've looked at the northern neighborhoods. As you can imagine the cash-on-cash is challenging there, so...

Are HELOC’s interest rate fixed? Or can it fluctuate? If it does fluctuate can it be significant? Can it go for example from 4.8% to 6%? Thank you.

Arthur Voskanyan

Hi guys! I am looking to buy a 2-4 unit property using an FHA loan, possibly put some cosmetic work into the property and then live in one unit and rent out the others. The issue that I am running into is the metrics ...