Hello BiggerPockets Community. First time blog posting and I could use your advice! Your insights and comments will be appreciated!
Here is my situation:
I own a condo in NY (Queens borough) since 2002 that I’ve liv...
I have a rental property with a 4.75% interest rate. My plan is to pay it off over the next 3 or 4 years and enjoy the increased cash flow. I am 60 and retired.However, I have heard it is unwise to have a fully paid...
Hi everyone.So I am trying to understand this BRRRR strategy a bit more, and in doing so stumbled across a question that I have which I hope you can help me answer.To set up a little scenario:You purchase a property a...
Hey this is my first post so hello everyone lol I'm from Memphis and am wondering what are my possible financing opinions since I'm in school and have little to no credit. I am very interested in house hacking and am ...
I received a call last week, off a mailer, from a very motivated seller two towns over. The couple is 3 months late on their mortgage payment, and their daughter is living in a home a couple of blocks away not paying...
We inherited my Mother in Law's house after she passed away. I want to add it to our rental portfolio. The balance on the mortgage is a little less than $40K and the value is around $175K. I want to refinance the prop...
Hi folks,I'm in Calgary, AB here, already got 3 mortgages with the big 5 banks. I don't have much more room left for accessing conventional financing. Looking to see what additional ways I can access capital. I know t...
Hi everyone,New to the real estate investing industry. When looking at a potential deal, how much extra do you include in monthly costs in addition to the mortgage payment? For example, if the mortgage payment on a $1...
Hey guys, I found an extremely motivated seller who wants to move fast. I just realized I missed a crucial step in this process. How do I confirm the mortgage that is still owed on the property?Additional question, do...
Hi, I'm currently operating 7 properties all financed through conventional loans without an LLC. I'm considering an LLC this year for the 20% tax bracket for pass throughs from the new tax law. I plan on moving my fin...