Hey guys,
Question, I want to get a HELOC. I’ve checked into my Credit Union and Primary bank. The CU offered me $200k, interest only or principle and interest payments. First year a rate of 5.24% and after that it’s...
I was offered a 4.5 variable rate, closing cost of around $300. The way it is amortized is a little different. If it's under 5k it's amoritized 5 years. 5 to 10k 10 years, and over 15k, 15 years. This seems like a pre...
Hi all,I have followed Bigger Pockets for a few years now, starting out with my first SFR rental in 2014 (5 hours drive from my location, which is VERY expensive to invest in) then moving on to some Multifamily proper...
Hello Everybody!Am still trying to figure out this calculation. If I go for a property costing $106616 at a prime location, yet the rent which I will get is around $266(monthly) and the bank loan installment will go a...
We are finishing up a Single Family Flip with an ARV of 80k. Pretty much a full renovation: Refinished floors, all new paint, kitchen cabinets, granite countertops, gutted both bathrooms, new tile in bathrooms, tile s...
I’m in the process of doing a cash out refinance on a duplex I own in my personal name. My lender came back today with a rate of 4.75% for 5 years and then variable rate of prime plus 1.5% for the remaining 15 years w...
I am considering buying a property to use a short term rental (likely in Dallas, Amarillo or San Antonio areas - for airbnb, vrbo, vacation rentals etc.). I would like to find someone to take care of all of the aspec...
Have a look at 854 Rosecrans St., San Diego, CA 92106. It is a shack sitting on top of a gold mine (figuratively). I pass this home every day. I have never knocked on the door, but I have been close enough to see, am...
I've posted a couple of times over the past month or so asking for advice on HELOC lenders and leveraging HELOCS for investing. I've been in the application process to get a HELOC on my primary residence that I plan t...
I own raw land in a prime location just north of Seattle in a very good location. Its mixed use, 50/50 +1 split. I have owned the property for 4years and pre-covid actually obtained all entitlements to build an owner ...