Omar Jarrah
DTI Calculations PLEASE HELP
I am having problems qualifying for mortgages and HELOCS. Everyone says my DTI is too high. I currently carry about 11k in mortgages and they are all covered with rents plus cash flow of about15%(this includes my prim...
Justin Wo
Keep or Sell Condo Rental
I’m looking for some other’s perspective on whether I should keep or sell my condo rental.
I bought a one-bedroom condo at the peak of the market back in 2006 for $276K in northern VA (Loudoun County). I lived in it ...
Joshua McLean
Suggestions for estimating Rents/taxes/expenses
While analyzing deals in my local Cleveland market, I am always looking for way to come up with more accurate estimations for what I could expect to be rents, utilities, and property taxes. Currently, I use Rentomet...
Jared Wolf
Paying off 20% of my mortgage to eliminate PMI
I did the math, and by the time I pay off 20% of my house with my current monthly payments, I will have paid roughly $6,000 (6 years) towards PMI. Should I put extra money towards my mortgage, with it taking roughly 1...
Matt M.
Refinance 15 yr into 30 yr??
Currently my house is on a 15 year mortgage but I was considering putting it back on a 30 year note to free up some cash for investing. Has anyone done this before? I know I will pay more in interest but with the extr...
Kyle Daniels
Structuring Private Loans for BRRRR
Greetings fellow BPers,I have been approached by multiple colleagues talking about being interested in backing my LLC that currently holds 3 SFH's in MO. As I am not looking to give out equity, I am trying to work ou...
Brian M.
Adding backyard pod, increase home value?
Hi,Just a general question here. Would adding a backyard pod with AC, no bathroom, add value to your home?We are considering buying a $1.25 million home in Austin tx to live in. We will likely be in the home at least ...
Mike Szabo
Sell or keep our old residence as a long term rental
My wife and I moved up to North Carolina from Florida about 1 year ago. When we moved we decided to rent the house we were living in for the past 9 years. We have had it rented for a year now with no issues but I keep...
Anthony Reyes
To keep renting or sell
I have a property that I have been renting out for about 6 years. The mortgage is $830 a month and I rent it our for $1850 per month. There is about 250k in equity. I am having to evict the current tenant for non paym...
Tom Scott
Should a Blog Link to Your Professional Site?
I know one way to increase website page rank is to have it associated with other websites like social media and blogs. This is one reason I think I want to start a blog site. Additionally, I think it will be fun to be...