Taelonn Harper
Who do you use to Refi out of Hard Money
I've always had the mindset that it didn't really matter who I refinanced by BRRRR properties with because interest rates would be pretty universal. As I get ready to refi my latest purchase. I am curious, do you thi...
Wale Lawal
Is Now a Good Time to Buy or Sell Real Estate?
Traditionally, spring is one of the busiest times of the year for real estate. However, the coronavirus outbreak—and subsequent stay-at-home orders—led many buyers and sellers to put their moving plans on hold. ...
Wane Zaza
No0b from Minneapolis, Minnesota
Hello I'm 28 not originally from Minneapolis but this is where I work and go to school. Still in school because I dropped out a few years ago. Then I read a ton of Richard Kiyosaki's books, decided in-order to save an...
Kyle Z.
Mortgage at 7% interest rate for investment property; pay down earlier?
Hi everyone - I currently have an investment property with a 150K+ mortgage of 7% interest. It is cash flowing a couple hundred bucks every month (so rent > mortgage).
I have a lot of cash saved up in a 5% HYSA c...
Rebecca B.
DSCR Loans - What to ask and what makes a good candidate for cash-out refi DSCR?
Hi BP community,
I FINALLY finished house hacking a duplex in San Antonio! We lived in it for a year, remodeled both units and put in place a long-term tenant on one unit and a mid-term tenant on the other.
Here's a...
Noel Hankin
Brownstone Conversion from Rent Stabilized to Luxury Building
Investment Info:
Small multi-family (2-4 units) fix & flip investment.
Purchase price: $1,500,000
Cash invested: $3,400,000
Sale price: $5,400,000
This was a ten unit rent stabilized building...
Ross Ellington
Real estate tax breaks
Good evening everyone. I'm I the process of closing on our first property through the VA. My question is Are there any tax breaks with purchasing a home. Being this will be a one year owner occupy before we can rent i...
Han T.
Self-Originating Promissory Note and Mortgage
Hi All,A few questions here.1. Have anyone self-originated a promissory note (pledging their properties as first lien with a mortgage note) before? What I mean is, instead of finding banks, FHA, commercial loans or Ha...
Tony O'Brien
Why Real Estate Income properties outclass Stocks and Bonds.
Investing in real estate has increased in popularity over the past 8 years becoming a popular investment vehicle, the art of buying to rent really became a broad market approach shortly after the 2008 housing crisis. ...
Ephrem Bekere
FHA Property Tax advise
Hello,Around end of August I bought a townhouse type property with an FHA loan (so I live in it too) and started renting out the rooms. (So I live in it too) While filing my tax returns, however, I ran into a few issu...