Hot investment topic alert: Assumable mortgages and purchasing properties with one. An assumable mortgage is effectively a 'portable' loan. Instead of applying for a new mortgage the buyer takes over the sellers exist...
As the traditional selling season wound down in August, the Austin-Round Rock MSA posted a 12% increase in closed sales from the same time last year and a 11% increase in median price to $335,000. According to the Aus...
Hey BP,Question is mainly in the title. Should the interest rate be bought down or is a larger down payment the better option to make rental numbers look better? My initial thought is larger down payment and I can alw...
Hi all, i made an invest with Spartan Invest a couple of months ago, if you want a feedback, don't hesitate to contact me !
Has anyone else seen that rents in Columbus are mostly around the 25th percentile number on Rentometer.com (if not slightly lower)? I even played with the settings and changing it to 6 months at 0.5 miles and 3 month...
Hi BP community,Just need a little reassurance. Trying to close on 2nd STR tomorrow. Have not yet received a clear to close from my lender. Going the conventional loan route.We are getting a little hung up because the...
I just wanted to post this question, and get opinions on what people think. There appears to be in this form majority that feels interest rates are going to go down significantly within the next 12 months. Some believ...
Hi all,Thought it wise to solicit some advice from those with much more experience and background in real estate than myself. I am selling my house, and the buyer has decided to back out of the deal two days before c...
Sorry if I'm asking an already answered question, but I did a couple of searches on BP and didn't find anything that directly addressed this subject. I'm currently looking at property in Mansfield, OH that falls under...
Can I refinance out of a hard money loan?