Tushar Shah
Assessed value as proxy for Market Value?
Hello BP!!Should one look at assessed value for tax purposes on government website as proxy for fair value. The property I am looking has a listing price of over half a million, however, the on governments website - t...
Ron Singh
Impact on mortgage rates Federal Reserve cuts rates to zero
With federal cutting the rates to zero, what to expect on high balance mortgages (loan amount above 500k since its pretty common in bay area). what interest rate to expect to refinance and new home mortgages ? (cons...
Tim M.
Private lending @ 10% in Oakland, CA - good or bad deal?
Hello BP- I'm a first-time investor in Oakland, CA. I'm in contract on a duplex that I plan to owner occupy. The building is in extreme disrepair and needs extensive work, foundation, full remodels on both units, new ...
Holly Hudson
Getting out of 1031 exchange
I am interested in a 7 unit property. This is the last investment property held by this owner. Asking price is around $800,000. Owes about $250,000. He bought it with 1031 but wants to get out this lifestyle and will ...
Tom Kaz
Cash out refi scenario HELP
Hey BP,
So let me give you the run down, I currently have a HELOC pulled on my primary mortgage for about 74k (total credit line of 80k) in which I used to purchase my second 4-plex 6 months ago. I close at the end ...
Christopher Winkler
Has Dallas Housing Prices Completely Lost Touch With Reality???
After moving to Dallas, I thought I would give investing locally a try to augment my note business. I am glad I did not quit my day job, as the supply has been reported as 1.9 months, and many houses sell same day the...
Steven Denio
Analyzing my first cash flow rental property
I am looking into buying my first out of state rental property, I am looking to buy it in cash through a LOC that I have on another property of mine then use the delayed financing exemption to refinance into a convent...
Pete M.
Refinancing away from local lender to long-term notes
Hi all,I'm currently buying BRRRRable SFRs in Oklahoma City. So far, initial buy + rehab has been done with cash, and then a local lender was giving me cash-out refis up to 100% of my all-in costs, even before the re...
Harrison Sharp
House Hacking In Dallas Fort Worth (DFW)
Hi all, Been a long time poster on BP, investor, and house hacker in the DFW market for over 5 years now. Also currently an agent that runs a team and have some great house hack agents on that team as well. Wanted to ...
Therese V.
Calculating Capital Gains When No Ordinary Income
Someone I know bought a property in the 70s to use as a second home. They did this and then turned it in to a rental, self-managed, after a number of years. They never took depreciation on the property for whatever re...