Hi BP! My husband and I live in the SF Bay Area where home prices have risen substantially in past years. We want to leverage some of our home equity and use that equity as down payment for our 2nd rental prop. We'...
Hey bp , I recently had a conversation with a friend who recently became a realtor. He was informing me that the int. rate on a mortgage loan might possibly reach up to 7-8% in 3 years. We also discussed my goals a...
Does anybody know of any good Loan Amortization software solutions out there?I've been using Loan Amortizer Enterprise (loanamortizer.com) on my PC for several years. It's a pretty decent program and it gets the job d...
In July, my husband and I invested $112,000 in a single family home. We financed it through a mortgage company with 20% down obtained by selling stocks. After putting $3500 into it, the home is now valued at $150,000...
I have student loans that I am paying. I just pulled my credit report and they are greatly affecting my overall debt/available ratio. What happens if I pay off one of the loans, do I lose that debt + what is available...
I've taken out three mortgages in the past two years, and all three have had terrible delays and poor customer service. One was with a national bank, one was with a local bank, and one was with a national mortgage com...
I am considering a few loan programs from Seabury Investments and they seem to have decent rates and terms. Wanted to check in with the community if anyone has worked with them before and how did these guys perform?ht...
I recently found a great buy and hold opportunity close to where I grew up in New Jersey. The home is listed at $85k, but I'm certain I can get it for cheaper. The home will need some improvements, but the comps in ...
Hi BP, I want to ask the experts on how to creatively finance my first property --- if you guys think I should do it now, or wait. First, my boyfriend and I found a quadruplex (1 unit is available, the others curren...
Hi, I am wondering what is the proper way to close out a mortgage on a home we acquired subject to. We purchased the property a number of years ago, the loan has actually since been sold to a different lender, and we ...