Super excited as I am closing on my cash out refi tomorrow.In 2012 I bought a foreclosure in MI for $20k. I put $10k into it and it's renting for $975/mo. I attempted to do my cash out refi last year around this time ...
Hi all, I've been poking around the forums where there is a ton of great advice but I didn't see an exact answer to my situation. I currently live in Florida where we own a property that would appraise around $800k ($...
Hi all,
I'm trying to hash out the details of a deal I have. The house is worth $95k, the purchase price is $56k. The seller has agreed to an interest-only loan of $100/month with a 5 year balloon.
My f...
Hey All! Just wanted to reach out to all of you that have experience in the Alabama / East Coast markets. I've recently been dealing with a lender on the west coast that offers Owner Occupied Loans for 3.5% down and a...
I own a couple of rentals and have a > $1M net worth.Probably 60% of that NW is in retirement funds with the other 40% being in cash, brokerage accounts, equity in properties (approximately $100k in equity).I have ...
Hello all,My name is Tim and after listening to countless BP podcasts I finally took the plunge and set up my profile.Within the last year I moved back to my hometown of Leominster in Central Mass. I quit my horrible ...
I have been on my lender's a$$ to close on refi for about a week now.. I have email from the admin lady (the lady who work's for the lender) that the lock expires on 9/2. Last night I got email saying that he is worki...
Hi everyone,I have spent the last 6 months saving about 60% of my income so I could finally move forward with my first multifamily property. I saved 30k and plan on using FHA loan to house hack one of the 4 units (loo...
I've got a property under contractPurchase price $78K out the door (I have cash to close) Intent: build on the property which already has a functioning well, septic, and needs PGE installed Total buildout on the prope...
Finally closing on a Fourplex in 3 Days!! This site has been an incredible learning experience and helped me pull the trigger!! Two 2/1 bedrooms and 2 Efficiencies. Paid 215k and put 20% down with an owner occupie...