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Hello all. Apparently, the best terms on an investment property are currently 5.25-5.375% with 25% down, and 5.75-5.875% with 20% down, this is with a 740++ credit score. 30 year fixed. This is what a reputable lender...
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I believe I may already know the popular vote, but here is my situation: I purchased a brownstone in Brooklyn in 2014 as a shell and the house underwent a gut renovation. It is a 3 unit building that my wife and I occ...
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I have a great landlord. He own the entire city block i live on. Last week the 14th of january the property i have been living at for 4 years was sold at auction on the court house steps. No notice was givein to th...
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My brother and I own 4 different multi-unit (2, 3, or 4-unit) homes in Michigan. We have purchased them over the last 4 years or so. We kind of jumped into the whole thing without doing a ton of research. I feel li...
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Hi all,
Long term BP member but infrequent poster. I currently rent in SF (SoMa) but starting to consider a MF purchase in Q1 using a FHA loan. The idea would be to move into one unit while renting the other(s). I do...
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Hi, I need advice, please. Should I hire a lawyer or should I start fixing all this mess? Sorry for the lengthy story. The house I bought a year ago has a shared fence with a neighbor. At the end, there are 2 gates on...
I'll try to not be generic and over-generalize, but I keep seeing websites and offers for investing into turnkey managed properties who rent out the properties, where during the first year you're promised 10% to 15% R...
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I have been doing hard money lending for a few years though hard money brokers which source and set up the loans for me to fund. I have not gone out and purchased any existing notes yet, I have just funded new loans...
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I have started purchasing a few investment properties and have an LLC. Everything has been cash so far but I have contacted several local banks and all of them have said about 1-2%+ above regular mortgage rates, 3-5y ...