It seems to be an interesting proposition as you can leverage your net worth to gain equity into a deal, but of course there is downside risk if the deal goes belly up, requires additional capital, or if the loan turn...
This may be long winded so I apologize, but I am in desperate need of some advice! Thank you in advance :)I currently live in a hot market (who doesn’t?) in southern Maine and own (I have a mortgage) a single family h...
Hello everyone,
So my fiancé and I have decided to buy a modest home to move into from our current apartment. Our goal is to buy our first home within 6-12 months and buy a rental property possibly a year thereafter...
Hey all,First time poster and home buyer here. I've recently gone into escrow on a 3 bedroom 2 bathroom condo that I'm hoping to rent out a room or two to help out with mortgage payments. My only issue here is that I ...
Is there any disadvantage of maintaining the same insurance company for all the rentals? I have Travellers for couple of my rentals since they have the best rates. I'm shopping for my third rental and both safeco/Trav...
Hello fellow BP community. Im currently looking to relocate to Texas /Dallas area. Im expecting a new baby and would like a change in scenery. Me and my Girl have our own homes and are wondering what the best method i...
Hi all-
Need to buy a sofa bed to add some extra heads in our place. Is there such a thing as a comfortable sofa bed? What would you recommend?
Thanks!
It is extremely difficult to give Jerome Geraghty the proper praise without divulging too much of the case in which I was a defendant. A case that in a rational person's mind shouldn’t have been a case due to its absu...
Hi All,I'm from Illinois, have been focusing on commercial multifamily investing and I came across MHP in Illinois, I ran through the numbers and it looks pretty good, details is following:- 5 acre lot, 30 lots and c...
Hello BPersI am about to close on the deal.Purchase price is $144000Either I do 15% down and pay PMI, save the cash or 20% down and no PMIDown payment difference is $7000 more for 5%PMI will be around $67. Mortgage wi...