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Hoping to tap into some of the insight and wisdom of the community to find possible options for my underperforming property. Before Bigger Pockets, I bought/over paid for a condo in 2009 as a primary residence on an a...
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What do you think of this rate? I'm wanted to jump on locking in a lender in case rates go up at the Fed meeting next week....Property info: Duplex, $155k, 25% downRate quote: 30 yr fixed, 5.125% (no points), $1339...
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I'm not totally clear on this concept. I'm already in a 15 year mortgage on my townhouse and would like to roll into a house hack. From what I understand, I could not use an FHA loan to go into a duplex since I alread...
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Hey everyone,I’ve talked to a few mortgage lenders who are all telling me that it’s basically impossible to do a 5% down conventional loan on a primary residence duplex. They are saying that it is not within the guide...
Hello, I am 23yrs old & currently saving money to purchase my first rental property using an FHA loan. I have a few years to go but I have been doing research for a few months now and want to be fully prepared bef...
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I am in the West Palm Beach area. I have been more focused this year with trying to get the first property under my belt. I analyze properties pretty regularly (my focus is on 2-4 unit multifamily). Every listing is q...
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Hello! I'm new here. We became accidental landlords when my husband was laid off and we had to move out of state for a new job. Then I had to learn things I never thought I'd have to learn. My husband works all the ti...
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Hello Rookie community!This is my first post to the bigger pockets forum, so want to put myself out there as well as ask a question to you all. I am currently a college student with plans to graduate next year, and I ...
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As the topic states, will cash flowing properties disappear when interest rates increases?
Once rates go higher than 5%+ the debt service on the loan is going to increase. Not to mention the market will likely be le...