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I have a rent house w/ a partner and we have $6500 in a repair fund from accumulated rent over the years. I’m telling my partner we should put that towards principle. It’s a small $60k house and we both have some mone...
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In laws are getting older not interested in owning anymore, on fixed income and would rather give us the tax benefits so they offered us the property. They will be our renters with appox. 60k in equity. What is my nex...
I bought a town-home in Fairbanks, AK in the summer of 2008, right before all hell broke loose. It was my primary residence until I left Alaska. For a long time, I was underwater on it and didn't have the cash to get ...
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Hi.
I have 4 properties traditionally financed at 6.25%. Each are rented with positive cash-flow. My lowest principal amount owed is 45k.
Since rates are low (< 4%), I was considering refinancing my personal resi...
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Sorry if this post is in the wrong section. I have a FHA/PMI refi question. I own a side by side duplex. After 5 years still owe $285k. Im refinancing to remove the PMI and also to allow me to use FHA again with a 3.5...
My wife and I definitely didn't know about the BRRR method when we began buying rentals and are now wondering how we can take our current situation and start freeing up our money to buy more.....or maybe even using ou...
Hey All,I currently own a 2-unit Multi family and living in one unit. I purchased the house under FHA loan. I purchased it in 2013 for 185k and it was appraised right at 185k. I currently owe 171k in principal. I was ...
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Hi BP Community!Trying to do my first seller financing deal and the owner is open to the idea, but has 1 concern that I didn't have an answer for off hand. If I buy the property tomorrow, and the owner carries the mor...
Hi all, I have to potential deals with motivated sellers and trying give them a couple options for cash or creative financing. They are open to creative. Can you help me identify if these are good creative finance de...
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I couldn't find a section on the forum to discuss this issue, but I desperately need advice. My mother had no will and life insurance, only asset she had was the house. One I grew up in all my life. I'm about to be me...