Currently have 5.6 interest rate 30 years. My property assessment went up and now I am considering refinancing.
Bought for $80000
new Assessment 90000
Paid down to 72000.
I have excellent credit and now would have 20 ...
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So if I got a duplex that needed work could use a hard money lender to purchase it but once it's fixed I essentially House Hack it?
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Hi everyone. I am looking at purchasing my first multifamily property and am not sure how to go about doing it. This is my situation. Any help would be great appreciated.
I have been in my current residence for almos...
Hello,I would like to refinance one of my rental house and was wondering what the banks typically look for? I assume it is different then refinancing your primary residence. It originally was my primary home but mov...
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My house hacking plan is to get a distressed MFH using a FHA 203k loan with about 3.5-5% down, and fix up the property to increase my equity. I will have enough reserves to cover the holding costs as well as some left...
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I am currently working on refinancing 3 of my properties to get cash out (60k to 80k) for buying/investing in new properties. The loan officer is with my local branch and has always been very helpful and offered me t...
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Hello BiggerPockets Community,
I'm in the early stages of renovating a 4-plex property and could use your expertise. I'm looking for recommendations on insurance carriers suitable for this project. Additionally, I'm ...
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Hello fellow investors, you have lot of experience. I need your advise to go to the next step.I am 42 years old, quite new to the real estate investing. It's a side hustle started aside of my employee job and I feel t...
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So ive been getting a lot of pre qualified mailers and offering lower monthly payments, rates and a cash back. But when i look at the total loan they offer, i would still owe them the whole amount with the cash i got....
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Investment Info:
Small multi-family (2-4 units) buy & hold investment in Albuquerque.
Purchase price: $475,000
Cash invested: $118,000
multi-family buy & hold investment in Albuquerque.
...