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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 ...
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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
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...