I am planning on refinancing a rental property worth approx $200K (current loan of $108K) I would like to take out $30K in a cash out refi. The fees for this transaction are around $4500. That is around 15% of the tot...

What steps did you take before you purchase your first home?

I recently had a real estate agent bring me a deal on a duplex that is off market. 2 bed 2 bath brand new hvac, blown in insulation, new windows, new siding. One side interior not completed other is ready to go. He do...

Hello, I need some quick advice. I've been told by my bank that commercial appraisals cost way more than residential  appraisal in the area. It's my first commercial building so I was shocked to learn it is almost 5 x...

What is the best and almost affordable homeowners insurance for a duplex located in Connecticut?

Which is best option on current rental, use 1031 or instead do cash out refi ? Home used for STR: profit $600 per month but is older home and takes up lots of my time doing handyman work. I have 2 other homes that cas...

During a recent event hosted by The Economic Club of Washington, Federal Reserve Chair discussed how his efforts over the past six months have led to a reduction in inflation.
However, he acknowledged that one econo...

Hopefully this is in the correct forum. Not much directly correlated with "credit."I know that full points can gey shaved off if your FICO score when someone pulls your credit score. Was just curious as to how long do...

I just picked up my first rental income property. I am in the process of having it rented out and have a tenant scheduled to move in within the next few weeks. If everything goes the way it should (the tenant pays the...

Hello,I currently make a solid income and own a STR that is doing extremely well (30% COCR). I am looking to scale my business and am leveraging an investor (my parents) to fund my down payment for 5 % interest on a 1...