I recently acquired a property in Alaska through a quitclaim deed. There is a mortgage that is still under the previous owners name that I have continued to pay the payment on. The property has a small residence and a...
Hello Everyone and happy new years.Currently, I am looking for another rental. I believe I found one that I would like to put an offer. I know that it is much easier to get a primary mortgage as opposed to an invest...
I am currently house hacking a 4-unit but I plan on moving out and renting out my apartment to maximize cash flow. For some reason it feels wrong to pay rent in my next move but it is what makes sense for me going for...
Hello BP, does anyone currently use and or have experience using Land Trusts to hold their rental properties in ? Are Land Trusts recognized and used in all 50 states ? Any insight, opinions or advice would be appre...
I don't know a lot about investing in real estate, and even less about buying notes but I'm slowly learning. I have completed a couple deals that put some money in my pocket. Since I don't have a system in place to ke...
I've gotten a few good faith estimates (one from a Mortgage Broker and one from my local Bank of America). The BofA rate was 6.25%, at a 30 year fixed for a loan of 200k (1.07 points). The Mortgage Broker rate was 6.7...
I bought my first home in August 2020 and took out a loan of $450,000 with a 2.5% interest rate over a fixed 30-year period. Not surprisingly, most of my monthly payments are going towards interest with the 30-year fi...
My and my brother are trying to go in on a duplex together and wanted to be sure about what to expect from the loan side of it. I am 21 with not great income and my brother is 28 with years of income. How would the co...
one of the best parts about real estate is that you get to leverage your money. Put down 20-25 % and finance the rest. It makes sense. You can't get this kinda leverage in the stock market though the stock market is...
What are the up and downs of seller financing? I'm thinking about asking a seller if they are interested in holding the mortgage, but I know I will need to educate them and myself on the topic. I have no experience wi...