Roberto Santana
Paying mortgage monthly or bi-weekly?
I've read that just by switching your mortgage payments from monthly or bi-monthly to bi-weekly you can save a ton on your interest over a 30 year period. This led me to researching the difference between bi-monthly a...
Account Closed
Tom Kish - Unsecured business lines of credit
Hello,
Tom Kish has a product to help you build business lines of credit. Has anybody used that product? Any recommendations good or bad?
I'm not sure if this is appropriate for this forum or not, but does anyone ...
Jim McDannald
Making a Decision on Whether to Sell or Keep Rental Property
Here's the situation:In 2006, I bought an 800 square foot home for $280k to use as my principle residence. It's situated in a small city near a large Pac-12 university. In 2011, my wife and I moved to Canada. Instead ...
Ramsey Violette
Thank you Josh, Brandon, and the rest of the BP community!
Hi everyone! I am a recent first time home owner, landlord, and Super noob investor in the CT 06239 area. I am very new to BP and I just wanted to take a second to say thank you so much to Josh, Brandon, and the rest...
Brandon Snyder
Math calculation problems
Hey all. I'm studying for the real estate principles final exam at UCLA, and I'm having a hell of a time with the math section. Maybe someone can help me figure this one out."An owner sold a property for $35,200 which...
Thomas C Perry Jr
Question regarding cash out refi on rental property
How do you maintain cash flow after a cash out refi for a rental property? Does the increased principle balance significantly reduce the monthly cash flow? How do you work that value into your initial pro forma when r...
Nic Daigle
Tax deductions if maintenance exceeds rental income
Hello All,I recently put new flooring in my townhouse before new tenants moved in. The cost of the new flooring was approximately $3,400. I'm also in need of a new roof. I have the cash to do it and would like to do i...
Jon Binder
Credit Union Charging LLPA fee for a non Fannie/Freddie Mortgage?
Hello,Background: I am in the process of purchasing a new principle residence. I am using a local credit union for financing and putting 10% down. Originally, the credit union was planning on financing under Freddie/F...
Jessica Jordan
New REI looking for resources on large multi-family investments
Hello, my husband and I are new to real estate investment and we are interested in purchasing large multi-family homes, or commercial real estate. We’ve been researching SFH, but we don’t think the scalability is ther...
Alfredo Alfaro
Owner Financing Questions and Concerns
Hello everyone,
I was looking into owner financing and have a couple of questions about it because I would like to pursue a deal with this type of financing.
My question concerns the agreed monthly payments. When y...