I have an accepted offer for a bank short sale in the SW suburbs of Chicago. When I initially made the offer I put in the financing conditions based on my pre approval. Which is with a 25% down payment. While I was wa...
Hello All - longtime lurker here, and finally ready to jump in (to both investing and the forums!)Based on what I've learned on the podcast and here on BP, I've been shopping around for loans. We will be using around ...
Hello BP community,I am a new BP member from Orange County CA, and need to refinance the loan on my current property in order to start my REI journey. I have heard that to refinance you need to "shop for a good rate."...
Any Akron investors see the recent articles about the city’s new proposal? Apparently Akron has one of the higher eviction rates in Ohio (and even nationwide), and there is a proposal out that would allow judges to se...
Hello everyone,I’m a superhost in Lacey, WA near Olympia but this month is slow and temporarily lowered my nightly rates. Any ideas on how to increase the occupancy for my rooms? Affordable ways? All feedback is much ...
I'm starting a househacking journey and my mom will be financing the home. I am currently living off a small amount of self employment income, savings and 401k due to health issues so I don't go on the financing per...
This thread in the context of new fees on VRBO/Homeaway prompted me to think of creating this one.I wonder how investors analyze a vacation rental property. Do you try to find a ROI high enough to cover potential pitf...
Hypothetical question.Say I got a 4-plex with a 203k at 3.5%. While living in it, I renovated it, and then refinanced. Would I keep the 3.5%, or would that change?What about after a 1031 exchange?
What does it mean for new investors if the Fed raises interest rates?
Just out of curiosity - has anyone heard of lenders declining new borrowers for assumable loans, even with strong qualifications? Interested in a property in which agent is saying lender is not approving any borrowers...