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Results (3671)
James Rodgers Looking to house hack; what about my first house?
6 December 2016 | 0 replies

We are looking to start our real estate investment career with a house hack. We own our current house, but want to move into hopefully a 4-unit property. My current plan is a combination of BRRRR and house hacking for...

Dina Harleth Are gains from sale of the primary residence taxed at capital gains rate or ordinary income?
26 May 2014 | 4 replies

I have always thought it was at the capital gains rate, but someone today told me that the gain on the sale of a primary residences is taxed at the ordinary income rate. Can someone clear this up for me? Thank yo...

George Smith Cash out refi on Rental to Pay Down My Principal
25 February 2013 | 13 replies

We have a practically paid off rental property (we owe 39K on a 5.25% 15 yr fix) in a great neighborhood that has had the same renter in it for 7 1/2 yrs. The home is worth. $400K Our primary residence is on a Inter...

Ralph Ace I had closing on April 11th and 1st payment not due to June 1st
14 April 2023 | 5 replies

I had closing on April 11th and 1st payment not due to June 1st.Is there a reason I need to wait over 1 month and 2 weeks to make my first mortgage payment.Thank you

Nathan Yee Refinancing an FHA loan: MIP removed + Cash-out Benefit?
27 July 2017 | 1 reply

Hello BP Community, I'm considering the loan type I want to use for the purchase of my first property. The FHA 203K looks to be the front runner. With a future buy and hold exit strategy in mind, can you cash-out refi...

Andrew O. Roi calculations for notes.
8 December 2012 | 8 replies

I am missing an understanding or a step in the simple calculation of finding how much ROI I get for my cash with regards to notes.

This is my simple process, which seems to give me whack return figures.

Monthly paym...

N/A N/A refinance or cash out???
27 September 2007 | 4 replies

Hello all. I just have a quick question. I currently have a property worth $124k and the current principal owed is about $58k. The current mortgage is about $600/mo @ 6.8% and the rent is $725/mo. Would it be a be...

John Kurtis Am I wrong or is my loan officer?
28 October 2021 | 3 replies

I got into a debate with a loan officer from my mortgage company on the phone. He wants me to refinance my FHA loan with 3.5% interest and 148$ Mortgage insurance premium, To a conventional loan with the same but mayb...

Gary M. Is there a deal here?
3 December 2007 | 8 replies

If you don't mind would you please give me your opinion on this? I have recently received call backs on letters I have sent to houses that were vacant. Some of them have mortages that are only a few years old. They wa...