Got a few mortgages, and looking into more. However, every-time during mortgage there is a hard credit pull and 5 point impact. So when I am looking into 5-6 mortgage this year, that will send my credit score down sig...
I am having a most challenging time preparing quick estimates because sq. footage is not always listed in the off market property descriptions specifically in NY (Long Island more specifically). Any ideas???
Thank you!
Hello all, I'm here to seek knowledge from experienced investors. I've been reading and listening to the podcast. I'm very excited about getting into REI. I have a realtor at my disposal. I'm surrounded by tons of opp...
Hi BP Community,I have heard many people mention pulling equity and/or lending against their life insurance policy. Does anyone have experience or knowledge on this topic (life insurance policy/company specifics, poli...
Greetings.I’m in in process of closing on my first investment property, a condo that I am keeping for cash flow.I purchased the unit in cash for 60k and it has a tenant whose staying put @ 1000 per month.Expenses incl...
Example case:
Apartment Complex purchased 10 years agoPurchase price was $50,000Going to sell it for $150,000 and do a 1031 exchange into another property
Question - can I pull out my initial $50,000 investment tax ...
Current situation:I owe: 317kAppraised value: 576kThis includes 4 SFH rentals and my primary. The rentals are all portfolio loans from a local bank 15 years @ 5%. My primary is conventional 15 years at 2.1%. My market...
Hi Everyone!My husband and I are stationed in Europe and would like to do a long-distance investment in the Tampa area. Currently, we have one rental (in Alabama) under our belt with 60k in equity. My question is, wha...
Howdy. Straight to my question - Whats the best way to pull out equity from mortgage free (paid off) investment rental (property 1) and take that money and purchase a 2nd, lower value long-term rental (property 2) ?
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Hello all, we are in the process of converting our downtown Seattle condo to an STR as we move out of the city. It's a two bedroom and we are wondering if changing our current sectional sofa to a pullout sleeper sect...