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Hello,I bought a duplex in Pensacola $75,000 under appraised value, in an amazing location. Bought it for $300,000, it appraised for $375,000, and the gross rent is $2,625.My lender only lets me pull out 80% of the pu...
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Hi BP friends - wondering if someone could point me in the right direction here. I have quite a bit of equity in my home and would like to establish a home equity line of credit to use on some home repairs that are n...
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Wohoo! I bought my first property! Now I am working on getting a cash-out refinancing to secure a fixed 30 year mortgage. I know most banks only offer 75% LTV. I am wondering if anyone can offer me ideas of how I can ...
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This is a long one. Bear with me.
I have been pre-approved for a VA loan which means I don't have to put any money down. What's the catch? I already own a home that I refinanced through the Interest Rate Reduction Re...
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Hi everyone! I'm looking into doing a deal on a duplex in which I would live in and finance through an FHA loan. Obviously, I understand there is an upfront premium at closing as well as mortgage insurance premiums in...
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I bought my property last year September. I wanted to refi but I am unsure of the 1. the process 2. is it the best call? due to it only being a year and not much equity in it. I understand alot variables contribute to...
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My wife and I recently inherited a 1200 square feet home. the home was built six years ago by Habitat for Humanity for my wife's sister and her husband who were both disabled and have both passed away. The house was l...
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Investment Info:
Single-family residence buy & hold investment in Minnetonka.
Purchase price: $200,000
Cash invested: $50,000
Sale price: $440,000
Purchased and renovated this 5 bedroom 3 bat...
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I just refinanced my primary residence (1 month ago) and I’m looking to buy a new home and convert my current primary residence to a rental (investment) property. I haven’t searched through my loan docs, but is it co...
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Investment Info:
Office Space commercial investment investment in Gallatin.
Purchase price: $485,000
Cash invested: $125,000
This property was zoned residential and commercial. It is a 2000 sq ft cot...