Beau Barry
Thinking About Making Offer On SFR
My plan is to never sell and keep forever for rental income. My goal is to buy, pay off, then duplicate over and over. The home is 4 bed/2 bath/2 car 2006 year built 2,000 sf block. Purchase price $115,000 and I estim...
Daniel Mulberry
How Much Trust/Control to Management Company
Hi.
I am thinking to start investing in Buy/Hold rental properties with a mind to generate modest cash flow. In addition to being new to RE, I live and work in Asia so I will have to rely heavily on a proper...
Jacob Benninger
Amount of Money/Reserves
Hey Gang,I am looking through some numbers this afternoon and seeing what properties I could possibly afford. The average price of apartments, based on a quick scan of zillow, in Albany, ranged between 150,000-200,000...
Jody Sims
Mortgage companies amortization practices
I doubt anyone has questioned this in the forum before. I couldn't find the answer, so I'll pose it here.How did society allow mortgage companies to evolve a strategy whereby mortgages all have front-loaded interest p...
Rylee Knox
New Investor from Augusta, Maine
Hey BP Nation, I am excited to be joining BiggerPockets to build connections and learn from experienced investors. My fiancé and I bought our first property in October as an owner occupied, 3 unit home. We spent rough...
Joshua Sun
First BRRRR Questions / Advice / 2023
Hey all,It's been a little while since I've been on here. The community helped me find a great real estate agent who helped my fiance and I get our first investment property in 2021. The community also gave some great...
Anthony Hornbeck
Hypothetical - $75k Equity vs $50k Student Loans
What would you do in this scenario?Investment Property with equity of approximately $75k.Student Loans of approximately $50k (Overall Effective Interest Rate 5.25%)Would you sell the property to pay off the loans, o...
Nicholas Misch
15 or 30 year for a 35 year old investor just starting out.
Hello BP Family,I am 35 and am just wondering if I should be considering 15 or 30 year mortgages. I have a goal of 5 properties in the next 5 years minimum and then hope to expand more rapidly thereafter and want to e...
Andy Mirza
New Ohio requirements for junior note holders
A servicer sent us a white paper from an attorney warning about new requirements for junior lien holders in OH. We don't own any notes in OH and I have no idea about this new law or the attorney's take on it but thoug...
Joe Kim
refinancing investment properties
I'm in the process of refinancing an investment property.The current loan amount is 110K @ 5.125 fixed 30 yearsI'm getting it refinanced at 115K @ 4.25 fixed 30 yearsI will be saving around $50/month in mortgage payme...