Hi all,I purchased my first property a little over a year ago. I've been living in it, and plan to purchase my next property soon to continue with house hacking. Once I find my next place, I'd like to put my current p...
I was wondering if its possible to take a heloc on a sub to property?
Hi BP crew. I just need some quick advice. I'm looking to purchase a building for $200,000 and in the past I've been told using a mortgage broker was better than using a bank to get financed. What is the difference ...
Good morning everyone, I have a free and clear property that is worth $210,000.How would I properly cash-out refinance to buy more rental properties without overleveraging?
How do you find the legal description of a property to use when filling out a contract?
I often buy using Subject To to buy properties. If you choose to use this technique these are some of the Pitfalls to watch out for. You can build a very strong portfolio, if you take proper precautions.
Subject To P...
I'm in the process of purchasing a home for personal use and have come across a dream house. The home is priced at $430,000, with an existing mortgage of $350,000 at a 3% interest rate. I'm considering assuming this m...
Hello BP members, how can you spread yourself too thin? If the property covers mortgage payments, repairs, vacancy, cap x, management fees and has positive cash flow how would a down market affect you if the values go...
The seller has agreed to pay to have the roof replaced prior to close of escrow at the original purchase price / appraised value (which itself is about 3% above original asking due to other interested buyer). This wou...
We're obtaining a line of credit against one of our homes to invest in our RE business. Both homes we own have no mortgage. Our home is worth $425K and our investment home is worth $245K. We will secure line of credit...