Hello, I have multiple assets and am a small business owner, so my taxable income and real income are very divergent bc there is alot of cash in my business. Anyways I wanted to get a mortgage for a rental property bu...
Should I shop around for a better interest rate or take the first offer I get? I know they run my credit every time and I don’t want to keep taking hits but at the same time if I get a good lender then I’ll stick with...
Hi guys. I’ve come across a deal which I like, that has good upside. The only issue is that the most of the tenants have short lease terms, <5yrs. How do you go about a deal like this? I am guessing the bank wi...
Hello BiggerPocket world,
I am going to dig right in.
I am currently in the process of refinancing a home that I own in Phoenix/Arcadia area. I have owned the home for little over a year, and currently have a VA l...
With rates dropping does this estimate seam competitive? I'd like to keep the 1.25 so I would be going with the 70% on this. I'm having trouble finding lenders for detroit and then lenders that will loan under 100k sf...
Hey everyone, I'm exploring the idea of a 3-year ARM mortgage with 15% down vs a conventional fixed year mortgage for a longer-term buy and hold investment property. The rationale for considering the ARM is that, give...
HelloI am researching into 50% vacant retail center in a mall. It is listed for 2.5 million and 9000 sqft. However, it is 50% vacant with current rents around 150,000 paid by 3 tenants. 3 more spaces are vacant.Ho...
I am currently renting my first property for $1100, I bought it with 5% Conventional down, $133,000 at 4.5% interest rate and my mortgage payment is $900 with solar panel lease payment of $140. I would like to get get...
Hey All, Over the last couple of years I purchased a few rental properties in the Cleveland area. Things were going good at first however now it seems like the issues just won’t stop. There’s constantly repairs being ...
The June 2024 market report from the Austin Board of REALTORS® (ABoR) shows that the median home price in the City of Austin decreased 1.6% to $600,000 over the past 12 months. The greater metro area’s median price fe...