Christopher G.
42% ROI: What am I missing???
Hey there, so I'm in negotiations with a seller of 3 condos for $105K. These are my numbers below...this is a 10 year balloon at 6% interest amortized over 30 years. At the end of 10 years I'd owe $80K (which I'll p...
Bob Anderson
Are these property management fees legit?
Greetings,First time landlord here who decided to utilize a property management team since I am military and won't be in the local area to oversea operations. I chose one because their contract that I signed with the...
Andrew Dincola
How much to charge a couple versus a single tenant?
Hey BP!I’m wondering what you guys might think is an appropriate rate to charge a couple for a bedroom that I would otherwise rent to a single person for $1000?The bedroom has a private bath and is coming furnished wi...
Brett M.
15 yr vs 30 yr with extra principal payments
Is there ever a instance where it is actually a better deal to do a 30 year and make extra principal payments instead of just a 15 year? Besides the flexibility of having the extra money
Ariel Darby
Business credit v FHA for downpayment cost?
What's worse business credit minimum payments or PMI /MPI payments? Is that the same thing MPI and PMI lol? Might be a dumbass question?
Tim Greenfield
Cleveland Basement leakage_1938 Cape Cod
So I have a 19303/1 in Cleveland which has a basement with water issues which has been my nemesis for the past 2 years. Anyway- last year had to dig up the sewer line in basement as there was a cracked line. Made the ...
Robert Ashline
100% Financing with a Conventional Mortgage?
Hey guys, I am working with a realtor in my area and I was talking to her about financing options for a purchase that I'm looking to close on in late summer. I was talking to her about an FHA loan and then she expres...
Toby Russell
Which is better?20% vs 15% down with PMI??
Looking at different lender and most are 20%. Everyone know that but I found one that is 15% down but with PMI Insurrance. How do the numbers workout when PMI is factored in? Which is better
Dennis Robinson
Would you add a 4th bedroom
i currently have a rental that is 1,600 sq feet, 3 bed, 2 bath. I am considering adding a 4th bedroom in the place of a front living room. The front living room was a permitted addition before I purchased and is ap...
Janelle Hicks
Help me decide whether to add a bedroom/Bathroom, 1200 sq ft!
This is my second brrrr, assuming it works out. I bought this house for 84k "cash"- personal loan.The problem is ARV, I've gotten different realtor opinions, but prices in my area have shot up in the last 2 years due ...