Hi All,I'm a newbie investor and thus, I'm still learning and wrapping my head around how mortgages and various financing options work. I apologize in advance for this post being long, but I want to be thorough so tha...
If I had to do it all over again, I would have gotten an FHA loan for a 4plex in the early 2000s instead of buying a SFR with a 95% loan. I thought I was smart because I bought the house expecting to turn it into a re...
Hi everyone. I recently purchased a property in Providence and it was listed as a 4 unit and the building really does have only 4 units in it. However in the tax record this is listed as a 5 unit. The deal was made as...
Hi all! I’m so excited to be apart of this community and hope I can learn from you all. I live in the expensive Bay Area of CA. My husband and I were born and raised here. We are renting and in our early 30’s. Ho...
Hello Everyone,I close on a duplex this week and have already pre-listed the top unit for rent. It's only the first morning of it being listed and I have received 5 showing requests already. The unit is listed at $120...
We're starting renovations on our first STR and was looking for thoughts on the spiral staircase . The spaces between the vertical poles in the staircase are too wide (a child can easily slip through), and not up to c...
Hey Everyone!I'm closing on my first property that I will be house hacking with. I'm in a condo with a buddy paying me rent. I will have a $220k 30-year fixed rate mortgage at 4.875%. Using amortization calculators I ...
hello all:
I am trying to purchase a house sub 2 the existing mortgage and the seller has agreed to do so however the property is listed with a realtor. Any suggestions on how to get around the realtor listing? The h...
Hello BP society. My wife and I purchased our first home in California in 2012 with a FHA loan at 3.8%. Shortly after we purchased solar panels with a lease to own option ( lein) . 2 years later I was out of work for ...
Hello,
Been thinking about fixing & flipping mobiles on land to buyers and offering seller financing. Then I would sell partials to get my money back out and repeat. However, I ran across the 21st Mortgage webs...