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HELOC to replace my current mortgage
I have recently purchased a condominium as my primary residence in August 2018. I am on a 30-year fixed with 4.75% interest rate. Can I replace my current mortgage with a first lien HELOC? I tried a few times to obtai...
Jenny Gremillion
Pay off Personal Mortgage or Rentals?
My husband and I own 4 single family rentals. We have a personal home with a mortgage on it that we've paid down substantially over the years. We use a HELOC on our personal home to buy rentals with cash. We have so...
Daniel Stewart
2008 foreclosures forecast released
First American Core Logic released it's foreclosures forecast this last week, figured everyone would like to see some of the rankings by city.
Basically, what First American Core Logic does is rank cities on their li...
Matthew Schroeder
Denver - Experts Say Soaring Rent Prices are Beginning to Stabilize
A lot of BPers have discussed the supply response in Denver. An interesting read & video. Experts Say Soaring Rent Prices are Beginning to Stabilize in Denverhttp://www.thedenverchannel.com/news/local-news/expert...
Janell Cedarstrom
San Diego Housing Market
When do you think the San Diego housing market (in general) will begin to take a downturn or crash?
Brandon Gamblin
Real Estate Market definition
Not sure this is the correct forum for this type of question but I have three questions:1. What defines a real estate market? Is it defined by the prices of houses sold? Is it the assessed value of the houses collecti...
Jack Slattery
Lowering the rent
I have a rental that I purchased for $58,000. It brings in $750 monthly with PITI of $375 leaving a cash flow of $375. The tenant pays rent six months in advance and will have completed a year with me in June.
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Will Pritchett
How to Hedge our bets?
I have read a lot of threads about whether or not we are in a bubble that is about to burst or maybe we are due for a correction. There are many different opinions but I would like to ask some of you for your me...
Christopher Grobbel
Options to ReFi a 4 unit at a lower rate?
Hi, my fiance and I have house hacked and are currently owner-occupying a 4 unit property in DC. With rates as low as they are, I'm wondering if anyone knows of options available to refinance? I know with 4-units i...
Hemal Adani
Will paying off Fannie Mae loan decrease mortgage payment?
Hi All, I have mortgage from WellsFargo tell me that even if I pay additional payment to principal won't decrease the mortgage payment. is this true? They said minimum payment to be adjusted has to be $20,000 and they...