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I was looking at an upcoming bank foreclosure and noticed that the original owner had two mortgages recorded with the same date and time. The current foreclosing mortgage appears to be of lesser amount ($20K vs. $90K ...
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I've heard that you could be getting yourself into trouble by purchasing property with 100% financing. Is this true? What are the up and downsides of such a loan?
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Hello all, I'm a newbie from New Jersey and I've been reading up on a lot of forums here in BP, and I have to say to myself, why only now? A lot of great discussions from different perspectives, all in all great help ...
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I’m purchasing my first Investment property and will be using the BRRRR Strategy. I’ll be buying it with Cash, and then Refinancing it later. Because, there is no mortgage on the property initially, my Insurance Rep ...
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With the help of an Inspection Report of a property you are planning to buy, you get a good idea about the true condition of the property. And guess what? It even saves you money!
Let’s just assume you inspect a prop...
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For immediate purchase... I am looking to purchase YOUR income property to increase your income property's lifetime yield returns back to you for amounts up to +230% of purchase price!!Let's see if you have what I am ...
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Hi BP,
I finally did it! After months of back and forth, I decided to pull the trigger and buy a home to become a STR. What an experience. Going into it, I thought it would be a breeze, and I couldn't be more wrong....
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Thank you everyone who will respond. I'm trying to find the best combination of profit margin, landlord friendliest states/cities and areas with best chances of property appreciations. This is incredibly hard task esp...
Hi all! This is my first post and I hope someone can shed some light on my topic. I recently applied for a Heloc through a credit union and was denied the loan. When I called the representative to find out the reason ...
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Hi all,A newbie to BP, but have learnt a LOTTT.Quick question... I'm trying to get a property and had been pre-approved by a hard-money lender (non-conventional loan). However, there's one realtor that told me that th...