Hi,I bought my first two rental properties when I was 21 years old. Since I was still studying and did not have a fixed income at the time I had to negotiate a 17 year long loan & 2.85% fixed rate interest. Althou...

[Advice needed]Tenant has made multiple trivial maintenance requests, we have fixed some, and some of the others, we are in the midst of fixing. However we did not agree with all the issues they have raised. For examp...

So I bought a house in January 2020(perfect timing I know). Bought it for $60k and did most of the rehab myself along with my wife. We have since moved and are going to be done with the house in around a weeks time. T...

Hi, I'm looking to refinance my Canton, OH (44714) BRRR property. Assumptions I provided to a mortgage broker is below. Below that was her response to a 30 yr fixed rate DSCR rates, plus origination and underwriting f...

Hey Guys,I read an article that suggested one way of getting financing when you are starting out is using  business lines of credit.  It suggested even newly formed business can get lines of credit(unsecured loans) ba...

My wife and I are in our mid-50s and earn a combined gross income of $193,000. We are planning a move to a southern state within the year. We currently own two homes with mortgages – a rental property and our personal...

Hi guys,

Im a Canadian citizen buying in the US and have been telling my family about the loan I will be getting.

I will be getting a 4plex at ~4.5 for 30 years fixed.

Now, both sides of my family (in Canada) are s...

Current loan 6.125% 30 year fix finishing year 7 next month. Loan amount 119k. Principal/interest $857 per month. If I don’t refi and just keep paying the minimum, I will have paid $236,532.

I can refi at 5.125% 30...

I have two 3-family homes and 1 duplex, none of which trigger the commercial loan requirement. I am interested in going bigger - anywhere from 5-12 units, and anywhere from one building or multiple homes. I understand...

When you get points on a loan what you are essentially doing is just paying interest in order to get a lower interest rate and not actually putting money into the house, correct? To me it would seem dumb to do this be...