In the process of buying rental property, does it make sense to do 15 year fixed mortgage if cash flow is still positive? Obviously 30 year fixed is more cash flow /month, but other than that, am I missing reasons why...
Me and my wife recently bought a new residence place for primary living. This is our first propertyWe are under conventional loan at 4.1% interest rate for 30 years. We dont want to keep paying for those many years ca...
If I get a loan to buy a rental property and fix it up, how will it start making me income until the loan is paid for? Wouldn’t the rent just go to making the payment each month?
I've found a lender that is offering the same rates for 15% down or 20% down. At 15% down, we have to pay PMI and the monthly cash flow takes a hit. The COCR improves, but I am curious what everyone thinks. Is it ...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Cincinnati.
Purchase price: $6,419
Cash invested: $300,000
Contributors:
Tom Savoca
Buy and Hold BRRRR 3 u...
Hello everyone, I fairly new to the Real estate investing world, I have not gotten my first investment property yet although I have enough knowledge on how to do it but I am stuck. Can anyone help me with some rules t...
When my wife and I bought our first real estate home which is our primary residence. I used FHA with that house and under my name. Due to my wife credit at that time wasn't qualified. It is only under my name. My ques...
Hello, Bigger Pockets people! After lurking for a few months, I figured it's time to do the official introduction. I'm looking toward retiring from my 9 to 5 job in about 10 years, and want to supplement my 401(k)/I...
I was a real estate agent for about 3 years until I was offered a job that I couldn't resist working from 8:30-2pm everyday with two little boys at home and very well paid so I let my REL expire. I am now about to in...
When looking for on-market deals, what's your favorite site to track your options & analyze? I preferred Redfin when looking for my primary residence, but I'm using it differently now and I was wondering if there'...