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Results (4407)
Robert Reineri Retired and Getting a Loan - Possible?
23 June 2018 | 7 replies

I'll be "retiring" to flip full time starting in August. I'll be moving to a new area (from Florida to Tennessee), and would much rather purchase a home than rent. Say I found a home I like for $200,000. Would a bank ...

Duane Johnson RUNNING THE NUMBERS
4 June 2008 | 4 replies

I'M TRYING TO FIND A FORM THAT ALLOWS ME TO DOCUMENT THE NUMBERS OF A PROPERTY, BEFORE MAKING A DECISION, AS TO WHETHER OR NOT IT'S A GOOD DEAL OR NOT. PLEASE HELP

Courtney Nguyen What is the legal limit on interest rate (over Federal Reserve rate) for private loan
20 March 2023 | 13 replies

Hi BP community,
So I heard interest rate on private loan can only be 10% over Federal Reserve rate, is that true?
For example, as of now 3/20/2023 the Federal Reserve interest rate is 4.5% - 4.75%.  Let say our hol...

Janet Taylor Reverse Mortgage
10 September 2019 | 19 replies

I am considering using a Reverse Mortgage with the house I am in or selling it and using a Reverse Mortgage tobuy my next house.  I need more information and a better understanding of Reverse Mortgages in order to mak...

Sid K. Mortgage on a Condo investment - Question
10 May 2020 | 5 replies

Hi Guys - I have been investing in cash deals(BRRRR) over the past few years and have got to around 10 doors. I have a potential condo I am looking to invest in and think given the low rates, may make sense to go ahea...

Reginald Vickers New From Mountains of North Carolina
20 June 2013 | 2 replies

Hi all, I have spent my entire life in human services and social work and to be honest I really don't have anything to show for it except to know that I have made a difference in the lives of many people. I am in my 5...

Jeff Howard Multiple Mortgages and Credit Score
24 June 2016 | 5 replies

Hello,I will soon be purchasing a first of hopefully many income rental properties in good cash flow markets such as Indianapolis and Birmingham.  However I also want to remain in a good position to buy a new home for...

Jane S. Why not "pay down" interest rate for cash flow?
15 October 2023 | 9 replies

The 7% interest rate I'm seeing, even with a 30% down payment, credit score 810, is really gobbling up cash flow. The most frequent advice I get is to bite the bullet and refi when rate goes down. But will it go below...

Andrew C. how do the loans work as you scale?
22 May 2022 | 6 replies

Today, I own a small real estate company (LLC partnership). It owns 1 property, which it rents, and has one mortgage against that property, which it pays. I personally guaranteed that loan based on my assets and incom...

Alex Silang Getting a mortgage with 30k W2 income
19 July 2019 | 7 replies

This is my financial situation:30k incomeRental property (I own):4k monthly rent1.5k/mo PITIWant to buy:350k-400k property4k monthly rentI've used online calculators (for what they're worth) and they say I qualify. Al...