If you are a first time investor or home buyer I strongly recommend asking for seller concessions instead of asking for a lower purchase price Why? When you receive seller concessions you can have the interest rate bo...
Apologies in advance if this the wrong forum. I looked around for a while and couldn't figure the best place for this question.Here's the situation: I'm looking at BRRRRing an early 20th Century house in Nebraska. It'...
Hello everyone and thanks for taking a look at my question.
My wife and I bought our house here in Vancouver WA 6 years ago and have been very happy. We owe 104K on a house worth ~200K but our 30 year loan is at 5.7...
I'm going to apply for a HELOC on my primary residence to fund BRRRR properties. In shopping around, two options beat the rest, and I'm having trouble deciding between the two.Option 1 is a 4.05% APR with interest-onl...
Hello everyone, I am think about purchasing an upper/lower duplex in my area. The upper unit has pretty much been gutted (there is still some flooring left but studs otherwise), and I was wondering if it is worth doin...
Just wanted to get opinions on how people approach investing in low income areas. I've heard people who have done very well investing in these areas and others who tell you say don't even consider it. My current pr...
We've finally gotten possession of our first rental home after closing in March with an agreement for the owner to stay until May 30.
We put it up for rent last Friday for 1200. It seemed kind of high to me when w...
Hey Everybody,In my latest homework adventures, I've run into a conundrum:While looking for deals, sometimes, my software gives Sales Price Evaluations for MUCH less than the sale prices on the MLS.BTW this software s...
I am under contract on a condo and while doing conventional mortgage, my lender found out that condo association has more than 50% properties are investment properties. This disqualifies for FHA loan. I can still term...
Hi,My mortgage broker said that the upcoming Fed interest rate cut(s) will not have an affect on 30 year fixed or HELOCs. I am currently thinking about refi'ing two 30 year fixed and one HELOC. Should I wait?