We have an investment property that we bought in 2004. We had an adjustable rate mortgage, so we refinanced in 2006 to a fixed rate, because we were to afraid of what the rate would be if we waited longer. We have a f...
Hello,I’d like to become a real estate investor and I have approximately 70k to play with. However, I’m debating between 3 main options:A) Buy a primary residence with a higher down payment and lower my monthly mortga...
Hello,I am a doctor with about 300,000 in medical school debt. Earnings next year will 250, then 330K.About 100,000 of my debt is 5-6.8%, the other 200,000 is 2.8%-3.8%.We are moving back to the NYC area and were wond...
Hi! I have been doing research for a few months and I think I'm ready to get my feet wet with my first deal (using home equity to fund it). I have something in mind; if anyone wants to weigh in with their opinion that...
I am curious what are the thoughts of the community on whether some cities that are popular on BP and that also have some interesting trends in their favor will ever see significant appreciation? For instance, I like ...
Hi Follow investor/landlord,I have a duplex for rent, one unit has been occupied, other unit is vacant and has listed on market for 3 months but still haven't rent out. My property manager is keeping asking to lower t...
There are a lot of levels of a BRRRR deal. A "Full" BRRRR is usually referred to when the entire initial cash investment is pulled out at the refinance stage. In my deal's case we are pulling out almost, but not all o...
Hi everyone, I posted we are under contract in Gatlinburg, and found out yesterday our appraisal came in under offer so we may need to head back down for a second hunt. Just waiting on seller to see what he’s willing ...
Question for you smart bears out there -- How do folks a) reduce their tax exposurewhile simultaneouslyb) continue to qualify for financing for bigger and better deals (as they continue to do deals)? For example, my d...
good evening everyone I am investor from Brooklyn NY. I invest in Rochester NY and I'm looking to get my second property what do you guys think is my best next move. Invest in the lower income area where there high re...