Hey guys , just closed on a property and need some advice.The house is all tiled but was built in the 40's and the floor is real "bouncy" in different parts with some tile cracking also. I believe it is because they ...
Hello,I'm having to pay extra and go through a surplus line for property coverage right now because I had a claim in June 2015 due to a fire and now the building is still vacant (renovations I hope will begin in a cou...
Hi BP!I am thinking of refinancing one of my rental property ( currently own 3) Need your help to decide if I should stay at 15 years or go for 30 years. My goal is to eventually pay it off and buy 4th house (owner oc...
Greetings BP Community, I’m glad to be here and thanks for having me! Quick backstory, I initially planned to invest in my first rental property back in March, I had worked diligently to clean up my credit, paying off...
Hi All,Can anyone share their experiences buying houses using auction.com, hubzu.com, xome.com for SFR in bay area?I was thinking of using BRRRR here in bay area.Thanks,Anish
Okay I went today to the bank just to get an idea what I may borrow. I mentioned to the loan officer that it will be NON owner occupied. I told her my intentions of buying a duplex or SFR and renting out. I was tol...
Hi all, I needed up paying my 2013, 30y fixed 500k mortgage At 3.5% early and now have 160k left on it. Should I refinance the 160k considering the current rates? Or once I add up the closing cost etc- I will have no ...
I recently purchased a condo in Chicago area, and decided to remodel the condo. Last week one of the board member in the association sent me an email saying that my contractors left molding which is not allowed to put...
My husband and I are in the process of buying a duplex. The loan should be closing soon but I received another document to sign that is trying to charge us over $1000 more. It had already raised one time due to a high...
I inherited a single family rental property (no mortgage) with $1,600/mo cash flow. I was using the rental property calculator to evaluate my property if I was buying at market value as a rental property... the number...