Most investors I speak to focus on the interest rate and LTV (loan to value) when seeking a commercial loan. Unfortunately, many are not paying as much attention to the pre-payment penalties. In today's climate I know...
My husband and I own a SFH- it’s a ranch 2/1 with a 2.75% interest rate. We owe 200,000 on it and have $100,000 available to us via a HELOC. We make a very modest income (about 80,000/year) and have 2 small children. ...
Hello,Brand new here and would love anyone's input on this. I own a condo in San Francisco. Bought it in 2004 and it has appreciated quite a bit. I have a little over 1M in equity and I am currently renting it and ...
Hello all,
I'm curious to know how big a part do property taxes play in your decision when choosing a market for buy and hold investments? Is is best to stay away from states with high property taxes?
I am hunting for one investment property in Katy area now and my budget is between 170k to 220 k. I narrowed down two properties to consider, one is in the oak park trails subdivision and one is in the westgreen pa...
Hey BP. Back for another analysis question! We own a townhouse that we lived in for a year. We were robbed by our neighbors, which sucks because it was/is a nicer neighborhood, but they are all drugged up and decided ...
Hello!I help a build+design company that works with churches across the U.S. I have a church near downtown Frisco, TX that has 3-7 acres that they would part with if the terms made sense. The church is currently wor...
Hey everyone! This is my first time posting on the forum! So as of an hour ago I just went under contract for my first condo. My partner and I were thinking about financing ourselves but our realtor encouraged us to f...
Due to the great wealth of information and helpful people on BP, I was able to get my first home under contract last weekend. Here are some basic details about the property:
$230,000 triplex (one unit per floor)Built...
I have 1 rental property currently which i am refinancing to take $40,000 from to have cash on hand. My problem is i have a car payment that i make from a divorce for $300 monthly. I owe roughly $10,000 on the car and...