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I ran these numbers using 30 year fixed loans with rates ranging from 3.5% on the low end to 4.75% on the high end. This is for you buy-and-hold types that are now at the stage of looking at your 'permanent' financing...
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Hello fellow Bigger Pockets members! My name is Miguel Hernandez, I am 23 and live in West Covina California. For years I always worked overtime or worked 2-3 jobs to earn some extra money for my children and fiancé. ...
I need advice for my refinance process with AmeriSave. I started the refinance process back in April by paying $500 to lock the rate and still have not completed yet. Sent them all my personal information for proces...
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Without giving a lot of personal details, here is the situation:
Student loan $100,000
Monthly payment on student loan $1,000
Monthly income available to throw at student loan $3,000
Should I:
A) completely pay off ...
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I'm not sure if this is the place to ask but I need advice, help, guidance. If you can give me any advice or direct me where I can go for guidance it would be greatly apprieciated. I come from a very poor family and ...
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Did anyone see this???https://www.foxbusiness.com/economy/trump-cap-cash-out-refinances"Under the new policy, the cash-out refinance cap would be lowered to 80 percent of a property's value, down from 85 percent."
If...
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I think I know the answer to this, but if I want to reduce my passive income, is paying down the mortgage via extra principal payments reduce my passive taxable income or is it viewed basically as profit? (this is in...
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Which mortgage would you choose?
You have $90,000 set aside to invest with.
Option 1: 20% down + 1 point + closing fees =$83,850
5year fixed/30year amortization at 6.75%
There is a 5 year...
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Hi Everyone, I did attempt to search for this within the "MF and Apartment Investing" forum specifically, but that function either doesn't exist or I'm too dumb to figure it out :) . I got a lot of results in a genera...
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Newbie here. Both my wife and I have steady jobs and extra cash each month. We’ve been aggressively paying off our student loan debt while investing the minimum to get our companies match. We don’t own a home and pay...