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Have a home in arrears $84,000. A total Principal Balance of $378,000. Just want to make sure that I am adding these together to come up to amount currently owed. ?
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Hi everyone,I'm thinking about purchasing a small 1,000-1,100 square-feet single family house for $150,000. I'm going with the 20% ($30.000) down payment and finance the rest through a bank. The estimate rent is $1,...
Ok so I'm just trying to think in advance. So I just finished residency and signed an offer for a position to be making 330,00 a year. After taxes, insurance deductions etc Ill be taking home 190k a year. Now I signed...
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Dear BP Family:While working on financing for a deal, that unfortunately, I was outbid, I am considering refinancing my home mortgage. Don't know if now is the right time or should wait because of Fed activity with r...
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I'm curious if anyone has experience regarding commercial loans that have shorter amortization schedules (ex less than 20 years). Are smaller banks willing to extend the fixed rate period in "exchange" for a shorter a...
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Hi everyone. I have a client currently looking at starting his investment portfolio and he ran into a couple off market deals. He is looking at a 4 Unit for $360K that takes in roughly $4400 a month with taxes around ...
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I’m under contract for my first rental...and it’s actually a portfolio of a few single family homes. I based my offer (426k) off a loan with 20% down payment with 3.75% interest rate over 30 years, but the bank came ...
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i found an article in RE Investor magazine that "worth account" software helps to accelerate mortgage pay offs faster. Has anyone used it? If yes, please provide feedback
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BP Nation,I received a call from a seller today with the following scenario.* 4 bed/2.5 bath SFH built in 1980* has a 15 yr mortgage of $135K - owes approx $125 on it. note is about $1300 a month* has put in $120K in...
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15k SF flex space, 24 years old. Nice looking building, warehouse/office. Near major metro downtown.List price: $965kNew 3 year lease @ 8.5% cap rate($81k/yr) with established companyTenant is responsible for pretty m...