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Hi BP Community,I'm interested in a property that has advertised seller financing. However, the seller is requiring 42% down, which is the pay-off the existing mortgage. I understand the seller doesn't want to trigger...
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Hello everyone,
I am new and I have a town home that I was originally going to rent out when we moved next year but I came a cross subject to deals and I got thinking. How possible and is it worth it to fit my o...
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I have no idea if this plausible but the goal here for myself is to cash out the equity in my rental while bringing on a partner 50/50. I'm not interested in getting financing for the equity in the rental, but rather ...
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Hey everyone, I stumbled across a property that belongs to a family friend. My dad is helping her rehab it before the next tenants move in (she had a terrible experience with the last tenants). It’s a town home and I ...
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First, thanks Jon for the direction here....
I have heard about BP awhile back, but never pursued joining until now. I have very little transaction experience but know fairly well the processes for transactions. I h...
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Hey guys! New to Bp....but definitely just starting and learning as much as I can and following a lot of people...wanting to know if buying a property with your existing residential line of credit is too risky or shou...
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Hello,I am on the fence whether to refinance to 15 year mortgage or go with HELOC option.I currently have a 30 year Mortgage loan at 3.5 rate of interest on my owner occupied triplex that I bought less than 3 years ag...
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I see a short sale condo on the MLS in my area for with an asking price of 18k.
If I buy it will I own the property out right or am I just paying 18k to take over the existing mortgage which has a greater balance tha...
Hello! I hope this isn’t a repeat question but I’m such a newbie. We have a small SFH that we refinanced in October to take advantage of low rates. We are now considering buying a new (larger) SFH or duplex/triplex po...
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I found a 3 unit rental property that I’m not sure how to approach. Here are the facts:-List price is $125k-Seller purchased for $104k on a 15yr. in 2011-2/3 current occupancy-$1500/mo @100% occupancy- Could use $15k ...