Tadas Saudargas
Am I getting screwed on mortgage interest rate?
Hi, I'm getting a conventional 30 year loan on a $250k townhouse, 20% down, fixed rate. I'm working with a small lending firm (recommended by my RE agent) and we're getting close to "locking" the interest rate. The le...
Tracy Briggs
Won bid on Courthouse Foreclosure sale .... NOW WHAT!!!!
In NC there is a 10 dsy upset period, I was awarded bid today.
Bid amount $55,000 .... confirmed recent comparables $125,000-$135,000.
Home needs $25,000-$30,000 in repairs very worst case scenerio.
I want to flip N...
Kevin McDonald
do I need 20% down on investment loan?
I have 3 investment properties now. My current properties I bought cash (using my HELOC on personal residence) they needed tons of work once I did all the work (sweat equity) and got them rented I would get a cash ou...
Wendy Wood
Should you get a RE license?
What are the pros and cons of having your real estate license as an investor? Does the answer depend on which state you're in? (I'm in NC)I'm brand new so I don't know what I don't know yet. Thanks!
Chris Porter
HELOCs more of a liability or asset ?
Have become very frustrated trying to obtain financing on a second home (will also use as a short term rental). I thought a HELOC was a common way to obtain equity from your primary home and use as a down payment for...
Armando Carrera
LTR or STR/MTR
Hi Everyone,
Wife and I will be purchasing another investment home here in the Phoenix area. Id like some feedback on personal experience dealing with STR or MTRs in this market.
We have another investment home in t...
Kevin Rodriguez
First HouseHack Questions (Lease Agreement, CPA recommendations)
Hi BP Family!I have purchased my first investment property (Single Family 3bdr 2.5baths) and I will be HouseHacking it by renting out the remaining 2 bedrooms. I have read a lot of posts regarding the benefits and dra...
Account Closed
How do you find financing?
Hi,
I'm Stephanie and my husband and I are both 24 years old and already have three properties. We have a condo that we rent out, a piece of land that we plan to build on someday, and our house that we bought...
Allen Wu
Thoughts on Clarksville TN?
Hello All,I’m looking at Clarksville, TN as a potential market for me to invest. This area seems like a good investment opportunity with a mix of military and various manufacturing jobs. It’s around 45-60 min from Nas...
Jimmy Nguyen
Custom home vs spec home
After purchasing land to build a home on, it usually takes a few months to do surveying, site and soil evaluation for foundation/septic/well (if necessary), and other paperwork. In those few months, is it a good stra...