I want to buy a house 2.5 hours from my duty station. I watched my mom travel 3 hours to and from work (6 hours round trip) when ahe worked in NY and she wanted us to go to a good school in NJ so this is normal to me....
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Hi all,
I'm purchasing my first property (Milwaukee) and asked my mortgage broker (Chemical Bank) about transferring the deed after the loan is secured. He said I can't do that. And that I'll need commercial lendin...
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Hello BP!
I own a home through an FHA loan. I rent out the spare bedrooms, which covers the mortgage, taxes, insurance, and repair reserve. It doesn't cash flow beyond that, but that was not my goal when I purchased ...
We have looked at a pre-foreclosure SFH that is being "sold as-is, inspections for information only". It also says "broken glass in back, not suited for financing". NOTE: it is not listed as a pre-foreclosure on the ...
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Can anyone familiar with FHA 2/1 Buy Down Program shed a little light. From my understanding its a loan that allows you to buy down your interest rate for the first two years of your mortgage. The third year your mo...
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I've been a longtime lurker, but this is my first venture and post, really need help/advice.I've been under contract to purchase a 2 flat in the Jeff/Portage Park neighborhood of Chicago, it was a not approved short s...
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So I just wanted to discuss the pros and cons of a 30 year vs a 15 year conventional loan on an investment property. My first post to these forums as a new member to Bigger Pockets!Quick background on my situation: I'...
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BiggerPockets members,
Hi I’m Mike & I have some questions for you all to see how I can make the most of this forum, this site, books (I’m waiting on “How to Invest in Real Estate”) & my real estate life in g...
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Hello everyone,My name is Chris and I am a new investor currently in Livermore, California and work in the medical field. I have owned a few buy and hold single family residents in the bay area but I am interested in ...
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Hey all,I have my first rental finally built that we paid for through private lending and equity through our personal house. The goal here is to have a lease signed, put a renter in there, and cash out refinance the ...