Hello,
Currently I have $150 cash flow monthly from a rental property with interest rate 3.0%, and I would get >$400 cash flow if I do refinance (of course, higher interest rate for sure). What would you do? keep...
Hey BP! I've found my first seller financing opportunity.
Small rundown as the numbers work well for me already. I just want some coaching on setting up the deal to my advantage without offending the seller. I tend t...
Hello Investors, I jut got to the bank for my mortgage pre-approval to see how much I am qualified for. And to my surprise as with the new rules, they do the stress test or qualify at 5.14% interest rate and looking a...
Good day BP. As many have said, it is AMAZING the amount of information on these forums. I am interested in fix and flips as well as rentals for long term cash flow. One of the things I see debated a lot on BP is t...
Complete noob but that seems to be ok around here. 2 questions and I have no one to ask advice from. (1) I would love to get started with a rental property and own a personal residence that has appreciated from the ...
Hey there. I’m in the process of getting approved for a loan to buy my first property. I was really hoping to buy a small multi-family property to start with. I was talking to my lender about options today and they to...
First time poster and would like some advice on the best way to structure the following deal. I’ve researched what I can but feel like there are some variables here that aren’t really covered. This would be my first c...
Good/interesting article from Mortgage News Daily that came out on Friday - sharing, lots of good tidbits about mortgage backed security bonds, the rate environment and where we may go from herehttps://www.mortgagenew...
Good morning BP community!I am looking for some advice on the capital I use for BRRRRing properties. Currently my buying power is using the equity in my properties in the form of HELOCs. This has been a very useful to...
hello! i am a 25 yr old carpenter, when my father died i assumed his mortgage. i have since renovated the entire house with plans to sell it. the mortgage is about 250,000. i borrowed 20,000 from a friend to cover mat...