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Trying to decide best strategy here: have a single family investment property currently valued at 110k with a loan bal 54k.
I understand the cost associated with refi (appraisal, closing cost, points etc) vs heloc (...
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Looking for investors who have submetered their water meters for multiunit buildings. Any resources you may find effective would be appreciated. Any thoughts or opinion on the subject?
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Hello everyone! I am trying to find financing for my first flip and am unable to get answers to my questions around financing. Here is what I'm struggling with:
- The financing company (hard money lender) states tha...
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Thing is, continuing to grow the portfolio is risky. Keeping what I have with all that equity in there currently is a lot less risky. What say ye?
Not that long ago my net worth hit 5 million. I don't own a hundreds ...
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Every flipper has found themselves at Lowe's for the fourth time in a single day, picking up yet another piece of material for a project. Most investors choose materials on the fly, right as their contractors need the...
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Hi All,
Im looking to owner occupy a duplex property and keep as much cash in my pocket as possible.
I have spoken to a few bank and brokers who have told me its 3.5% for FHA or 15% for conventional.
Are there a...
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HiLooking at a single parcel with multiple properties on it. Numbers are good.Does anyone have advice on a conventional mortgage lender who would consider lending on this in NC?Is this even lendable (if that's a word...
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Hi this is Swanny,Please realize that single family, duplexes, triplexes and quads are valued based on Comparative Values or commonly known as Comps. You are at the mercy of comps when you buy, sell, or refinance the...
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My wife and I are diving into the idea of vacation rentals for the long term. Basically, acquiring a good number to be there for retirement. We are fortunate enough to not "need" income from these properties right now...
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Hello to all the experts on BP. Thanks for your willingness to help a fellow investor navigate a financing issue that has recently popped up for me. Apologies for the lengthy post, but the details are a bit involved....