Lj Cal
Keep current low interest rate with a new mortgage
Hello,I want to buy my family home. It would be a direct sale with no brokers involved. The current mortgage interest rate is half of what I was quoted. Is there a way I can take on the current mortgage payments (at t...
Josh Stroup
Tax Deductions on a Property Taken 'Subject To'
Hi Everybody,
I've looked into this online, and found a wide range of opinion, so I thought I would throw this out to the community...
When taking over an existing mortgage, can you deduct the mortgage ...
Jayne Bradbury
Question about pulling equity out of rental property to buy more
Hi! I'm relatively new to Bigger Pockets but am hoping someone here can help me with my question. I bought a rental property a few years about and financed almost 100% of the purchase with $ from my HELOC ($150K) an...
Alex Jefferson
Question About Placing Home Under Contract
Hey everybody, I hope your having a good start of the new year so far. If not I'm sure it will get better for you.
I have a question in regards to placing a home under contract. Say you place a home under contract b...
Matthew Von Dwingelo
Our First Buy & Hold
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $379,900
Cash invested: $43,000
Triplex in Downtown Decatur that we purchased Subject to the existing mortga...
Nikunj Sidhpura
Need suggestion for fix n flip /sell
Hello BP,
So i have primary residence now on rental with cash flow of 450/month. have equity of 95k.
I want to fix and flip/ sell and have 20k cash on hand what's best way i can do this regard to financing / purcha...
Chris Placeres
SUB2 LEGAL OR ILLEGAL? (Illinois)
I'm wondering if anybody with experience can tell me if its legal or illegal to acquire properties via Subject2 without a Brokers LicenseAssuming the exit strategy would be to Hold as a rental or lease option because ...
Kendric Buford
Assumable Mortgage Scenario (Explain like I'm 5)
I've been trying to wrap my head around assumable mortgages, but I'm not sure I get it fully. Can someone tell me if this scenario is accurate, or explain it like I'm a child?Scenario: (using round numbers so I can fo...
Vania Castillo
New law coming in Oct 2015!
How the TILA-RESPA Integrated Disclosure (TRID) “Know Before You Owe” law is going to affect investors?
Tammy Patchin
Wrap Around Mortgages
Hello -I am exploring Owner Financing as a business strategy. However, I am unable to find any of the big banks who allow wrap around mortgages. I am admittedly still learning so, in all my readings may have missed ...