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Hi there,I have been interested in mobile home parks for a while. Over the past year I've been researching and running numbers on multiple parks but haven't found anything that financially makes sense.Last week I fou...
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I am ready to make an offer on a house being listed for $129,500. I am looking at two different options to structure my offer (see below)... Is there a tax (or other) advantage to either offer?Option A:Offer $125,000...
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First post here!...So to start things off I'm a 27M currently residing in NJ on the jersey shore. I purchased my first house (3 bed 2 bath) in August 2019 as a foreclosure for 192k with a conventional loan of 3.5%, 12...
Hello guys, I'm currently in the process of refinancing my first property in CA as a primary residence I currently got a 3.99% rate 405k loan property valued at 495k?.... payments being $2750 taxes includedOption 1 fr...
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I'm trying to find financing for a 2-4 unit house hack and I seem to keep getting the same answer back from lenders - to come back when I have at least 10% of the purchase price. I was hoping to put 3.5% or, at most, ...
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Hello, I'm under contract for a new build townhome in Charlotte NC. We plan to rent it and hopefully see some appreciation over time. My issue is we close in Aug/Sept and the rates are obviously climbing. when I spea...
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Should I lower my mortgage payment by refinancing or refi with cash out and wait for an opportunity for future investment possibilities? and emergency fund? Unsure of economy and whether I will have a job to raise m...
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Anyone have any good rules of thumb or calculator for the break even point between seller financing vs conventional mortgage?So if someone offered seller financing at a higher rate, higher purchase price but 10% down ...
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Investment Info:
Single-family residence fix & flip investment in Oak Park.
Purchase price: $90,000
Cash invested: $70,000
Sale price: $240,000
I represented the investor on the acquisition a...
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Hi BP familyI'm getting ready to close on my first income property with Wells Fargo. Closing cost are $2792. Wells Fargo is also adding another $3709 in "other closing" cost for a total of $6501. The other cost inc...