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Hey guys I am new to BP I just have a question about current interest rates right now and what is the best way to put a down payment on a rental? As interest rates keep increasing is it best to put a down payment of 2...
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If I want to purchase a home and rehab before I lease it out, are there loans that will allow 2 to 3 months before the first payment is made??? I'm trying not to float the mortgage at all and rehab in 3 - 6 weeks.
If selling a home using owner financing, how would you account for the following example? This is in Florida by the wayMortgage payment - $1000. Loan - $800Escrow - $200Late fee - $80Questions A. Lets say that the b...
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I am selling my property which has a 73k loan left on it. The loan is in good standing and no late payments. Below is an offer on my property. Will subject to transactions affect my credit in any way or put a dent on ...
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I have been able to find a credit union that will do a 28k HELOC on my investment property.. As far as investing, I have a couple of strategies in mind that involve either buy and flip (which I don't think I have enou...
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I’m looking for advise on how to verify income for a tenant who is retired. The information I have so far is a statement from Social Security verifying monthly payment and a pension payment. Both of these combined d...
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I have a property in San Antonio that I have been wanting to sell for awhile. The tenant is on a one-year lease that expires in a couple of months.
They have not kept up with the rent and are behind by more than a m...
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Hi,
So the following is all hypothetical:
How does one start by making a deal with investors? I am a brand spanking new investor who have just closed on a triplex.
I have heard of deals such as 8% return in simple...
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Hello everyone. Looking for some opinions on what to do with this deal. I will most likely be occupying one of the units at least for a little while. My main goal is to house hack and make my monthly expenses as low a...
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I'm looking at my first investment property and getting a mental block. I have the path to getting the property and rehabbing it. The question is what do I do after a renter is in place or I'm just done rehabbing? ...