Today, two key points in the market caught my attention.
Mild Decline in Mortgage Rates:
The national average for a 30-year, fixed-rate mortgage has seen a slight dip to 6.87%. This change, though small, could be th...

Hi BP, We bought our 2br condo bought back in 2012 for 500kWe took out a 7/1 ARM that's currently at 2.625% - will end in 2019.Remaining mortgage amount to be paid is 233kRelated info if useful, similar sales in our c...

In Gary Keller’s book, Shift, he lists 25 creative options that are most common, but barely scratch the surface:- Seller Contributions- Seller-Funded Permanent Buydown- Seller-Funded Temporary Buydown- Owner Financing...

I know I can ask my tax accountant, but wanted to get a general feel for what I am thinking of doing.This home was my primary residence for 3+ years then it became a rental for the past 1.5 years.How does the capital ...

Let me preface this by saying I have already emailed the same question to my tax guy, but wanted to ask here as well. I am considering selling one of my rentals to the current tenants. This property used to be my prim...

Despite being a very gentle winter on the east coast, the past month has caused me several headaches.  The problem I am dealing with now is the following;About 3 weeks ago, my area had an excessive snow fall over 30+ ...

I have a duplex (built around 1940) that has an older fuse style breaker box.  It overloading this weekend and burnt part of the breaker box.  I had one electrician come out this weekend and recommend a full rewire of...

I'm working through some tax prep, and was trying to get to a depreciation value to use on secondary that I converted to a rental. The value assessed by the county is easy to find/use, but my property is worth more th...

Hello, I have two rental properties. Each property has an original primary home mortgage. My strategy has been to buy a home as a primary. Live through the renovations and pour in sweat equity in and then (after a yea...

Hello all,We are in the process of buying our first rental property and I am a little discouraged.  We just got our mortgage to sign from the lender my realtor recommended and they are charging us a 6.625% interest ra...