So here is the situation everyone...My wife and I bought a condo back when the market was sky high at 439,000. It went as low as 300,000. It's now around 410,000 and we owe 415,000. Our monthly mortgage is about 19...
Hello All,
This is only my second post so I hope this is the correct forum. We have over $20k in high interest credit card debt and the payments are keeping us cash strapped every month. We are just starting to look...
Just out of curiosity, how many of all your properties do you have a mortgage on and how many do you fully own? Mainly talking to buy & hold people, but flipping would also be welcomed, and really any type of REI ...
Hi all,
I’m interested in purchasing my first property by way of house hacking a multifamily property. I’m pre-qualified for a mortgage. My question is should I pay down debt (student loan, car) before investing or j...
Hi everyone, nice to meet you!
I’m an eager new investor working on getting my first single family househack. I plan to get a 3 bed with a garage which I will live in, and rent out the bedrooms. That being said, I wa...
I am under contract for a two-family property in New York State. My deposit check has already been cashed and the appraisal was just performed for my FHA loan. I got a note from my lender today letting me know that th...
Hea BP Forums!I have found myself in a bit of a pickle.My wife and I have a property under contract for 345k with 20k in seller credits at closing, funded with a FHA loan. We passed inspection with only some minor pai...
Alright I have a question I'm asking now becuase of the situation I am in.From what I understand investors are able to have 10 properties in their own personal name until banks start declining to continue to loan to t...
Hello All!
I'm hoping to dip into the collective wisdom of BP and get some input on my high-level REI plan, below. Any and all comments, suggestions, and clue-by-four-ing much appreciated!
WHAT
Go...
Please help me look at this deal. I am getting really close to my first purchase. Have been learning all I can here, but feel nervous about my interpretation of how to analyze a deal and I know many of you can do i...