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What do you guys look for in a given area when thinking about rental properties? Do you prefer lower income areas where the housing is cheaper? Higher income areas where the sub divisions are more well kept but housin...
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Hey BP! I'm new to investing and am looking for a little bit of guidance to get my feet moving. I know I want to flip properties at this point. I also know I should start an LLC for liability & tax purposes. D...
Hi there! I am an experienced LTR investor but this is my first go at STR. Located in a popluar fishing destination, there is a decent amount of traffic, but I am not getting any actual bookings....Any insight, tips...
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Hey. I can use a little advice. In June 2012, I took out a 7 year ARM at 4%. This past June, I was notified that my ARM has expired and my interest rate will rise. With rates where they are, do the numbers below make ...
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I got a couple of quotes from my mortgage broker on a refinance to go from my current non-VA ARM mortgage at 4.25% to a VA 30-yr conventional at:4.125% interest with 2.83% credit or,3.25% interest with 0.983 credit.My...
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Closing on my second commercial building soon. Its a 2 level 8000 sq ft office building (exterior pics attached). The location is right near freeway with 2 large car dealerships on either side of me. The building is d...
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I am considering an FHA loan and House Hacking a property. Only issue is that the 3.5% down payment plus the monthly PMI bring the monthly payments way up, vs a loan with a 20% DP and no PMI where payments are much lo...
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Hello BP Community,I am shopping around for a duplex and wanted some input on selecting the best rate for me.I'm going the FHA route. I have gotten an interest rate offer at 2.875% no credit back, 3.100% $2,000 back, ...
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We need some good advice please. We have a sfr we paid cash for and is worth more than when we bought it. We have a great house we'd love to get but we cannot quite get the down and closing costs right now. If we w...
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Hello all. I am struggling to get a deal done. I got a PA for 300k/FHA loan. 720+ credit score, 75k cash, and good income. I considered starting out house hacking a MF, but it will only increase my monthly expenses, n...