Happy Holidays!I am a fairly new homeowner (less than 2 years) and haven't began my investment property journey yet. We are interested in refinancing our VA loan if it is worth it. Current rate is 5.75 and credit scor...
Hi BPers, after waking up from the megamillion lottery dream. It's time to get back to RE investing. I've been following the house prices in Essex County, Union County, and Middlesex County. I see the prices have drop...
Due to interest rates, refinancing is more expensive, so often times more (or most) of your own money needs to be left in the deal in order to make rental income make sense, which ultimately slows down your ability to...
hello all,I'm finally looking at buying my first property. I've ran the numbers using the BP calculator and they are solid. 15% cap rate and a 15% cash on cash return. My question is and I believe there is some debate...
Seller has offered to finance his 600k property with the following terms:
10% down payment and 6 percent interest rate. The goal is to wait for rates to go down and me refinance in 3 years for a better rate. The goal...
The interest rate in Canada is at all time low, and still dropping every other week. many people start to think if it's a good idea to break your term and refinance in order to take advantage the low rate. Or, many pe...
The interest rate in Canada is at all time low, and still dropping every other week. many people start to think if it's a good idea to break your term and refinance in order to take advantage the low rate. Or, many pe...
I'm looking to get an investment bank statement loan for some rental properties located in Phoenix, Arizona.Looking to get 80-85% LTV.If anyone knows some a really good program with decent rates, I'm all ears!
Hi everyone, i hope you are doing very well and happy. So i am a 23 year old who has worked his butt off since 2020, i currently have 20k saved for a down payment and by the end of the year i hope to have a maxed out ...
Would love to hear feedback/engagement around this topic.Rates are certainly going to continue to rise for the foreseeable future and that is really starting to put pressure on prices. I'm a broker/property manager in...