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I have a condo purchased in 2006 as principal residence and began renting it out in 2009 (underwater and could't sell). I have an interest-only loan and the 10 year interest-only period just ended, so my payment has i...
Thanks for taking the time to read my post, any feedback is appreciated!Although I'm only 21, I'm blessed to say I have a very, very good job. I make more per hour than my age and have all the benefits in the world, s...
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Reading through the forums has definitely gave me a lot of information and I finally feel that I am ready to take the leap, but wanted to see if any of you had any feedback on my prospective business model.I want to u...
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I am wanting to sell 10 1-bedroom condos. I have been using them for vacation/nightly rental for the past 2 summers (bought them in April '14) but have found VR to be far to active, and not really all that lucrative ...
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okay here is the situation I live with parents along with my fiance and dog. We moved in about 8 months ago to save for a house. over that time I became an real estate knowledge seeker. So now my advisor cousin says w...
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Hi all, Quick question, I'm in the market for my first investment property and the first mortgage company quoted me 5.427% on a 30 fixed mortgage. The 2-3 family units I'm looking at are between 55-70K. One company ...
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I am looking to buy my first home. I intend to live in it, I may use it as a rental down the road but I will definitely live there for at least 5 years. I have a low income due to medical and insurance reasons. I'm ju...
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What are the major differences of a traditional bank loan vs portfolio lender? Which one is better for fix and flip?
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Hi, Newbie here. At the moment I am reading The Bigger Pockets book Rental Property Investing, getting the basics down. I am also starting to analyze some properties in a particular market. I have a general question a...