I have a property that has around 100k is equity if I sell it. I want some ideas to invest this in the South Florida Market more specifically Broward or Miami. My other option with this property was to use it as colla...
I submitted an offer on a property in the low 60's; it is a short sale and the listing agent came back and said the bank has approved a sale price between 76-90k. So 76k is the bottom line I guess. She said they hav...
Hello,Curious as to how minimum payments work. Beginning is interest only. Current Heloc is around 6% interest, and a minimum payment of $100.00.Would it work like option a or b?A:$1,000 x .005 (.6/12)= $5.00 a month ...
We just purchased 2 notes on homes in Oklahoma, both are vacant and we are working with a law firm to foreclose. Since these are boarded with FCI, we have automatic basic insurance under their blanket policy with OSC....
I have a close friend who I am trying to help,get info for.
They state that they are unable to pay there taxes right now. they are NOT escrowed and were to be paid as accrued.
Anyway they wonder IF lenders file...
I'm looking into purchasing an older multi-unit house in Indiana that would also be my primary residence. Everything has checked out to be good and nearly new so far(roof, ac, water heater, hvac, sub metered etc.) but...
Who's buying multi-family property with no money down or creative financing? What's the best way to structure the deal with seller financing? Are there any other ways outside of seller financing that I'm missing?
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*This link comes directly from our calculators, based on information input by the member who posted.Hello BP community hope yall are having a wonderful day. They always talk about being t...
Hey BP,
I’m having issues deciding on whether to Cash Out Refinance or take out a HELOC. Here is my situation:
I currently own and live in a five unit multi family. There is a good amount of Equity in the property. ...
HelloWe own a condo that has accrued over 2x the target reserves for a building of this size. We have agreed to review the cash reserves at the end of each year and if the cash reserves are getting over 2x the accept...