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A co-worker of mine owns a single family split level property in Apple valley, MN. He currently lives in San Diego. He purchased the property back in 2006 for $232K with two mortgages on it. They were both ARMs that i...
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What’s a conservative assumption for interest risk. If you count on re-fi in 1 year how much should you add to the current interest rates In your model?
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Where are you putting your extra cash??? With the possibility of extra stimulus money flowing soon, increasing the amount of random cash floating around and tanking its value, where are you putting your money? Obvious...
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Hi, everyone this will be my first post in BiggerPockets.i was considering buying multiple properties in Timmins, Sault Ste. Marie, and/or Temiskaming Falls as my first investment. I’m interested for the low prices an...
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For a long time I have recieved many solicitations for various refi programs, boasting of no fees and appraisals, etc, only to find out that I should've never recieved the mail in the first place. Today, for the secon...
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I posted this under another topic as well, so if you have already read, my apologies.Can you please confirm my understanding of this strategy is accurate...so, I buy a cash flow property in the following manner:Purcha...
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Hi, I'm new to BP forums, but been listening/reading for a few years. We have a family partnership that holds some commercial properties (light industrial) and I am looking to help resolve some family disagreements b...
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Hi BP,I'm a first time investor from the Bay Area, California. For the past two years, I have been going back and forth on investing in OOS , Kansas City, due to increase in mortgage rates. So I looked at some local m...
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Hi all, been scouting the forums for a while and decided to ask a question myself.Wife and I purchased our first (primary) home Jan 2021 in Los Angeles with interest rate of 2.6%. We're mentally ready to purchase anot...
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I own a single-family home that I have been able to rent successfully over the past several years. The last tenants moved out in June 2008 after 4+ years. Since then the property has been vacant as I attempt to fi...