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Hello I know that these loans have predetermined payment schedules for every month of the 30 yr note. My question is what if I make a large principle payment? Will the large principle payment allow my next regular pay...
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I purchased my primary home as a foreclosure in 2009, currently sitting on about $100k in equity. Boyfriend/business partner and I have good W2's (200k combined annual) with longevity and 401k's (120k combined) boyfri...
Hi, Im a recent high school graduate who has decided to take on realestate investing as a career. I find myself knowing that im in the perfect position to start off my career, but I'm a bit scared and confused on what...
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I just picked up my first rental income property. I am in the process of having it rented out and have a tenant scheduled to move in within the next few weeks. If everything goes the way it should (the tenant pays the...
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We gound our first property that has a good chance of closing. It was a bit high in what we could leverage funds for and after we close, our options will be limited. Can the bigger pockets folks please give us some id...
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I have the option to refinance a 30-year fixed loan from 4.5% to 4.0%. The refinance cost is $6k. It’d save me $11k if I kept the loan a full 30-years. At this time, I have no idea if I’ll keep the loan that long. Sug...
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I'm currently learning about real estate investing. I'm reading books and trying to figure out on how to get started. I had just finished reading the ultimate beginners guide, which was very helpful. I'm temporarily l...
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Hello everyone! New investor here! I’ve found a property I like, ran the numbers and want to pursue it. But I don’t have the capital for a down payment. A cash out refi would raise my personal mortgage at least $650/m...
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@Scott Trench 's Set for Life has been recognized as a finalist in the 20th annual Foreword INDIES Book of the Year Awards! This is huge! Finalists represent the best books published in 2017. After more than 2,000 ind...
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I am currently halfway through college, working to get my real estate license, I have read a few biggerpockets books, and listened to the podcasts. I am wondering if it is a good idea to get started on a deal now. I c...