I have started going down the road to do a DSCR cash out refi on a duplex (BRRR) I purchased last year with my HELOC, but not that far yet. I know rates have dropped a decent amount in the last week or 2, but based on...
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I am currently in contract on this office building. It was arranged on a 5 year interest only, seller financed, with a balloon payment at the end of the 5 years. This is my first office building, and I see tremendous ...
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A note: I own the home, live upstairs, and rent the lower apartment.
I hired a contractor to replace some windows, and and repair the damaged frames. I gave my tenant a 30 day heads up on the repairs, I then gave...
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So I have been thinking the last number days about a particular scenario. I have a property that I could sell for somewhere around 400 K with owner financing. We have found it for number years so the value of the prop...
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Hi all,This is a bit unorthodox but curious to hear some thoughts. I reached out to a dozen lenders in Boston to find the best rate for my own mortgage. Many of my friends were looking for mortgages at the same time. ...
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Hello BP, I'm purchasing a rental from a turnkey provider in Chicago, as an out-of-state investor. I recently locked in a mortgage rate of 5%. However, I'm wondering why did I even receive such a relatively High rate ...
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Hello,
I have 3 duplexes to cash out refi on. All are worth $200K. One is free and clear, one I owe $5K and one I owe $35K.
What should closing fees, points, appraisals add up to? I am seeing $7400-$8400 in closing ...
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How does tax abatement affect a property's value? I'm looking at an apartment in Brooklyn, New York with a tax abatement for 15 years so will that force me to overpay for the property because it has a tax abatement...
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I’m a recent graduate from Houston moving to the Merritt Island area to work for Blue Origin! I have been looking for places to live, and am open to purchasing outright (so if anyone has anything nearby or in Orlando ...
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I’ve been contemplating real estate investing for some time now. In my current situation I have approx $131k in equity in my current home. I’ve been researching my options to invest this equity to buy my first investm...