Donald Dye
Should I refinance condo
Appreciate any help. I currently own two condominiums my original one was purchased on a 15 year mortgage although I now have tenants in my original one. My second condo which I just purchased two years ago as my prim...
Soumya Brijesh
Will lease option raise the property taxes?
,I was analyzing a property(condo with HOA of $150), where I see the county is valuing the property at $39000. The Current Market Value is around $140K. The owner is in distress and wants to get rid of the property...
Chang Pan
Temporary BRRRR cannot work
The several lenders I usually use told me that they wouldn’t do cash out refinance for investment properties in the foreseeable future. I guess I won’t be able to do BRRRR for a while. This is for Richmond, VA marke...
Kendrick Salazar
Opinions on Rocket Mortgages Loan?
Im looking for a loan to get for my first property and time is of an essence.i just wanted to get an idea on the loans from rocket mortage from the experienced individuals on biggerpockets.Any help is appreciated!
Jay C.
HELOC variable rate. Should I lock it now?
Hi all,
I purchased a rental house back in Dec. at a low interest rate and using a HELOC for down payment and rehab costs. With interest rates rising and those of us with HELOCs with variable rates, what's the strat...
Ashok Aletty
Transferring property to a LLC
Hello,I bought a condo last year and financed it under my name. I had read that it made sense to have the rental property in a LLC to minimize liability. What's the best way to accomplish this now and what are the imp...
Dax Nollenberger
Homeowners Strike Gold With Appreciation on the California Coast
I wrote a blog recently about how Appreciation has historically compared by region and then zoomed into my market in Santa Cruz County. The results were quite fascinating. A 7.98% Compound Annual Growth Rate since 201...
Brick Biermann
Using Cash Out Funds to Purchase Primary
Hello All,
I recently completed a refi/cash-out on my multi-unit (4 units) property which I also use as my primary residence [been living in one of the units for several yrs]. At one point during the process of the r...
Amy T.
Refi on multi-unit, shorter term with lower rate worth the risk?
We just found out we qualified for a 15 year refi @4 % on a 2 unit property (it's actually 3 units but it's on the records as 2). The monthly payment would be almost exactly what the rents bring in. So any repairs, an...
Michael Simmonds
Cape Coral New Construction
Hey BP Family, I know many of you have pursued new construction in Cape Coral through Rent to Retirement. How was your overall experience? It has been over a year since we closed and we are still awaiting final approv...