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I am looking into interest-only HELOCs. I am trying to do some investing in Baltimore, Maryland on properties in the $40k-$50k range and with rehab costs keeping the total amount that I am into the home at or under $...
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What affect do increasing interest rates have on investors? I image there are quite a few investors that have low interest loans in their portfolios. I've heard a few people say something like, "Banks may start revi...
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I haven't been active on here for years. I run a business which allows me to live anywhere. I have some saving and I'm currently in NYC. I'm looking to relocate as the market here is just too expensive for me. If...
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When a building is sold and the security deposits are passed onto the new owner, does whatever interest accrued when the security deposits were in the possession of the seller carry over to the buyer? For example, in ...
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Of course, I am a new investor. I was looking at one hard money loan situation. They require 400000 min loan at 13.5 percent and interest only payments per month. Would the monthly payments be around 5,000? Seems the...
Hello,
I'm a new interested investor from Auburn Alabama. I just joined Bigger Pockets to learn more, gain greater skills & insights, as well as share new properties on the market. I'd love to meet and learn fro...
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I came by an interesting article about people who went from finance to tech
http://entrepreneursky.com/financetotech/
Was wondering if any of you BPers came from finance or tech? What made you do the sw...
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Hello, We live in silicon valley where home prices have soared like crazy !!We recently closed our new home with an outstanding loan amount of $1.4MOur current home has an outstanding loan of $450K. We plan to rent it...
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I bought a house at the peak in December of 2022. I used a DSCR loan to get it done. 9.375% interest rate. I'm coming up on 2 years of income produced by the property, any suggestions on how to get a lower interest ra...
Hi, I’m someone who’s been interested in REI for a year or two now and I’m just trying to take in as much information as I can. I only want to focus on buy and hold investing in long-term rentals, specifically SFH and...