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Hi BP,
I'm in the middle of closing on a home in new construction. I just received an insurance quote that covers half the purchase price.
There is a reoccurring theme that insurance companies limit is $350k when I ...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $420,000
Cash invested: $30,000
Purchased an existing short term rental that had been almost entirely renovated, bu...
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I have searched the forums but have not come across an answer to this situation...
I purchased a rental 1.5 yrs ago as a buy and hold property. I am now looking to do a cash-out refi after doing some impro...
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I recently wrote about my experience with closing a Fannie Mae Homestyle loan and going through the vetting process for general contractors. Fast forward sixty days, and I wanted to provide some insight into renovatio...
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Hi all -I am looking for some guidance on evaluating the value of improvements to a duplex I recently aquired. Not sure what metric I should be using to evaluate this opportunity. The situation is that I have a duple...
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I have 2 houses on 1 lot in the Seattle area i am planning on sell and reinvest in another house. I am probably selling our houses for around $325k and the house i am planning to purchase is 280k. My understanding ...
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Working on a 203k loan to renovate detached garage into MIL. Current rate = 2.89, new rate would be 4%. Cash flow will increase once construction is complete. Cherry on top though is this loan will qualify me for a 25...
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Hi BP community - I am looking to save for a downpayment for an investment property (my first after purchasing my home) however I have heavy student debt ($175K+) at a 4% interest rate. In order to improve my financin...
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Would it be a good idea if I would to purchase a Home under a conventional loan and seek out a private money lender to help fund the Rehab cost ?? Has anybody else used this strategy ? Or is there a better strategy fo...
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Might be a simple question but if a rental is sold from an LLC what amount is used to calculate capital gains tax. The sale price or the net amount after commissions, loans, etc. are paid off?