Apparently ~60-65% of existing homeowners’ outstanding mortgage loans carry a rate at or below 4%. With new mortgage rates averaging above 7% per the Mortgage Bankers Association, I’d think that there should be opport...
Hello everyone. I thought I would post my year end numbers for one of my properties. I was negative for the year and wanted to see where I need to make changes. Be honest and hold no punches. I had a couple bad mo...
Hi everyone I had question or rather a strategy/scenario that I was hoping you all would be able to help me evaluate. Here's the scenario: Lets say......... I own a rental property free and clear and it appraises ...
Hi all, when analyzing potential Multi-Family rental properties do people recommend including the total rental income even if I plan on living on one half? Or would you recommend only including the actual rental incom...
Good evening BP'ers,
I have a client in NYC that has a property in Jacksonville, Florida which she inherited through a will and the property has been abandoned for several years and isn't in great shape (land has val...
Would like to learn if anyone has done that and how did the rental return turn out to be?
Is it possible to buy a property, 10% down as primary residence and get a construction/remodel loan at the same time? Thanks. This would be a two year live in flip.
Hello,We just got a pre-approval to potentially get an unsecured business credit card with a 100k limit, Interest free for the firts 6 months.Now here's the fine print, if we decide to go with this card, the cost to g...
I think I've concluded that I want to start out house hacking by buying a sfh and renting out each of the rooms, I think it will do fairly well as I also live near a college and can rent out to students to get higher ...
I am looking for some analysis of my first deal. Thank you!!!!
2 structure property. Student housing.
9 total rooms.
Rooms 600 a month each. 5,400 a month.
Taxes 12,000
Insurance 2.400
Turn key condition. I'm a co...