New to real estate, would like to buy rental property in the next year or two. I keep reading that I should be buying property at a discount. Why would anyone be willing to sell me a house at less than what it's wor...
This makes sense to me - but would love anyone else's feedback. Thanks in advance!I am in process to cash-out refi my primary ($850k value, $240k owed, 3 years in on a 30-year fixed at 3.75%) - at a 30yr fixed at 3.4%...
Is it worth it to refi an investment property from a 30 yr @ 4.35% to a 30 yr @3.875%? The closing costs = $5400. The payment would decrease by $135/month. The plan is to keep the property long term.
Hey Bigger Pockets!
Long-time lurker, first time poster here. I'm having some trouble with a refinance. We are cleared to close and the clock is against me as my rate lock has been extended. When I was sent my initia...
Has anyone converted a multi-family property into a vacation/ST rental? If yes, how did it work and what assumptions did you include in your analysis?
Thanks!
Brian
Are you opting out?
I have a small REI portfolio based in South Florida and looking for creative ways to continue scaling it in this tough market. Would appreciate anyone that wants to bounce ideas off each other or see how we can help e...
Hi BP peeps! Looking for some advice. I am exploring selling a group of 25 rental properties conveniently located in a single well maintained condo complex comprised of a total of 200 units in South Jersey. All units ...
28 class B SF properties built in the 60s. minimum maintenance over the last 20 years. What are the best strategies for overcoming large deferred maintenance?
I'm becoming very interested in owner financing houses. I've been reading a lot about wraparound mortgages. Now I'm wondering if the wraparound mortgage can be avoided all together. Here's my thought:Do the first t...