I bought an out of state property and have about $50,000 left to pay off for the loan. Anyone know if paying 1 huge principle payment at the end of each year would pay it off faster verses bi weekly payments?
Hello BP,I've been reading that HUD is looking to roll out a new way to calculate fair market rates for section 8 housing in large metropolitan areas. The new policy called "small area fair market rate would set new f...
🌟 Market Update - December 2023 🌟
Welcome to your December Market Update! Let's dive into the latest real estate trends:
Interest Rate Overview:
Current Rate: 7.2% - a slight dip from October's 7.8%.
Impact: Encou...
I just did my first analysis on a property. I used the Rental Property Calculator. Can anyone check to see if I did it right? I got the annual property tax off of a property shark website. Here is the link to my analy...
Critical Update: Waiting too long for the Fed to cut rates could significantly impact your approval chances. According to Business Insider, interest rates are expected to stay higher for longer with no cuts in sight u...
All,
I am in the middle of purchasing a duplex using FHA Loan and I am trying to lock in a rate. The past couple of days it has been at 4.25%. Is that a good rate or should I wait it out and see if it drops?
Ok, inventory is low right now. What has made it low relative to 5 or 10 years ago when it may not have been low? Yes, a lack of building, but a low inventory is only low relative to the number people looking to buy. ...
Hey guys just looking to hear from investors who recently did a house hack in the Denver and the surrounding areas went for you? Im interested in the Aurora and Lakewood area.
Hi BP community, I'm not from US and I'm looking to buy a rental property. What do you think about Cleveland, Ohio for rental properties (if the numbers make sense so that cashflows X per month)? Unemployment rate dec...
I purchased a property from Bank of America, it’s located in the Northeast Washington DC area and right in the middle of a major gentrification zone of the “The Rhode Island Avenue Corridor”. The “RIA DC” project is t...