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Hey everyone, I’m hoping to get your advice on a decision I’m trying to make with my real estate portfolio. I’m going to try to stay high level, but I will also share a lot of details so that you know the full picture...
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I purchased my first multifamily fourplex in June 2012. I paid 3.5% via a FHA loan @ 3.67%. The approximately $400/month in PMI is killing me so I've decided to try and refinance the property. I'm hoping for a favo...
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We own a house which we bought last December 2013 for $355,000 in Brooklyn New York. We put $50,000 for the down payment so the amount we owe is $305,000. We have PMI on your loan. our payment is about $2050 a month....
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Hello, we recently PCSed (moved) to San Antonio, TX. we are a military family with 4 rental properties. Colorado Springs, CO - 480k / Owe 327k (3.6%)Colorado Springs, CO - 630k / Owe 533k (4.3%)El Paso, TX - 255k / O...
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We have been approved for the EIDL loan, but after taking a look at all of the requirements for use of funds, I can't see how it's advisable for landlords to take this loan, unless you are truly in need, hence the ter...
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Hello All,I'm looking to begin my investing journey and would like to know your opinion on if this is a deal or no. The property is a duplex selling for $91,000, appraised at $92,000. I've been approved for a loan at ...
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Hi everyone! I am looking to start investing in multi-family and after listening to creators like Pace Morby talk about how amazing creative financing is, I really want to try and acquire my first property using selle...
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Hello Everyone
I have some questions about borrowing from a Mortgage broker.
Well first off I found one in my area. They require 25% down for any investment property. They can only fund properties 70k and up. Their ...
Hi folks! My first post!Hopefully a quick question for you smart folks. I’ve looked into some research on 1031 exchanges but can’t quite confirm my thoughts. I currently have a SFR investment property (my first home, ...
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I want to put 25K worth of upgrades into my condo prior to selling in order to gain a better sale price. I don't want to pay cash for these improvements because I'm doing a 1031 exchange with this property. My realtor...