I'm working with a portfolio lender on two 5 Year 30 Amor. Arms with a fixed interest rate the first five years. I plan to have them paid off before 5 years. Down payment is 25% with an interest rate of 5.65. I've ...
Hey everyone, I'm exploring the idea of a 3-year ARM mortgage with 15% down vs a conventional fixed year mortgage for a longer-term buy and hold investment property. The rationale for considering the ARM is that, give...
Hello recent college graduate considering purchasing a Duplex in the Boston area. Quincy to be more specific (I work in Dorchester). Im currently renting a one bedroom apartment for $1400 and the way the cost of livin...
Sorry for the long title, I wanted to be specific. I have searched for this topic and have only found either "Should I finance rental purchase with 15yr or 30yr?" or "Should I re-finance my current rental from 30yr t...
HI BPI am in contract with a 4 Plex in Oakland CA. We are about to close and just got notice from the appraiser that the current rents are projected to be $4,400. Apparently the FHA loan has a self-sufficient guidel...
Hello BP. Me and my wife are San Diego natives and just moved back from AZ where we lived for about 10 years. We are debt free with some capitol and excited to start some real estate investing at this stage of our l...
Im looking to buy and hold property.This will be my first rental I would like to pay cash but that is not an option right now. I was wondering what is the best way to finance a buy and hold? I thought about learning ...
In Escrow on a 1st investment property, 3bd 1ba, in Savannah Georgia, using a conventional loan. Will be house hacking. Closing in January. Making less than $50k/year, but zero personal debt.Any advice as to finding a...
Hello, I thought this may be the best section within the forums to post this.I'm located in Fresno/Clovis CA and I've been working on getting my first deal - whether it's a rental, fix/flip, wholesale, seller financed...
Hi!Just did a cash out refinance and got about 290k. I was thinking about buying a couple properties using the 290 for down payments but someone said I should just buy one property cash. Thoughts??