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BP! Would love some thoughts and opinions from the community. Here's the sitch:I purchased a duplex in LA in 2020 with a sub-3% interest rate. I moved out of it and now operate it as a rental (one unit LTR, the other ...
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Hello all I am new here. I am currently in contract for a triplex located in NY. I am in a bind right now trying to get a loan for the property. The purchase price is $765,000 and I currently have 6% down in escrow. I...
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Hello, I am a first time investor, in a small market. My target is a 30k to 50k buy and hold property for long term income. I am contemplating paying cash for my first property, to lighten the stress of ownership whil...
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3% 30 year loans from 3 years ago have caused a gridlock in the housing market. Holders of those loans may never sell their house since the cost to buy a different similar house would be astronomical, and unless a mov...
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Hey BP family! I have another question for you all and I'd love to hear some insight on some more outside views before I make my decision.
I'm about to buy a property within 5 miles of the major university campus and...
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View report*This link comes directly from our calculators, based on information input by the member who posted.Hi, I am interested in purchasing this duplex as a rental property. My realtor states that this is a good ...
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I may be reinstating a mortgage which fell into foreclosure, and using the property as rental real estate. Is the cost of reinstatement, tax deductible, on the basis that it is the cost of acquiring the investment pr...
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Hello everyone,I have been a BiggerPockets member for over 6 months now but this is my first post!I have recently bought a home that has sat empty for 3 years in Indianapolis.The house needs a lot of work but doesn't ...
Hi,I have a property that I’m trying to help a close family member with. We are looking to do a subject to process. My only concern is that this property will take up to 3 months to close on due to probate. The mortga...
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Home Equity Conversion Mortgage an FHA loan for folks who are 62 and older which allows you to purchase a home by making a one-time down payment and never make a monthly mortgage payment as long as you occupy the home...