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I got a quote for a cash-out refinance for my primary home to take out over $1M cash at a 3.125% interest rate, 30-year fixed. This is much higher than my current interest rate. However, I do not have a clear purpose ...
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I need some help deciding on a potential SFR 3/2 rental property. I've run the comps on both rental and purchase and would like some feedback from you all if this deal is worth doing:
House Price 105,000
Down paym...
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Let's compare a $250,000,0 loan today versus two years ago.
In America, the average person has a credit score of around 715 you’re looking at around 6.6% on a conventional 30 year loan.
Excluding taxes and insuranc...
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Hello,
I used a portion of my HELOC a couple of years ago to invest in a property development. That property won't sell for another couple of years and I messed up and didn't lock in when rates were low and am now pa...
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Hello everyone!Question to people who own 16+units - what type of loan do you use? Do you always go with interest only or not? What is your train of thought behind this?
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I live in Oregon and looking for duplex within 90 minute drive from Portland. Everything on MLS runs waaayyy in the red for cash flow and and ROI. Example: new construction duplex listed for $469k. 3br/2ba one side an...
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Is purchasing an MDU an aggressive move for a first-time buyer? I live in the LA County area so the cost of housing is exorbitant and I know an MDU would require more capital. Just looking for some guidance since I'm ...
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Hi all!I am new to the community and thought the BP forum would be a good place to get started. I am looking for some advice/guidance on how to break into the multi-family segment.I currently work in commercial real ...
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Hi Everyone,
Real estate newbie here! The wife and I moved to LA from OC last year for work and have been renting an apartment in Playa Vista. As our lease comes to an end in a few months, I’ve started to get serious...
Hello Bigger Pockets family! We found a turnkey SFH walking distance from historic St. Augustine Florida. The seller was asking 185k and we asked for 155k with owner finance for 5 years with 5% interest and 65k down p...