Matthew Thorp
HELOC as down payment then refinancing
So heres my situation, I have my primary residence which is worth roughly $340,000. I have not talked to a lender yet for my HELOC but I have run the comps and thats what I have assumed it is worth. My mortgage is $25...
Rahul D.
Cash-out refinance after rehab
Hi All,Last year I purchased a home that was in good condition but very dated in term of finishes. Since then, I've spent a substantial amount of time and money in remodeling the home; essentially a full rehab of the ...
Steve Kadi
First investment/rental property
Investment property details:
Each unit: $190k (Duplex)
Property tax: 2.42%
Rental: $1550 ( Current tenant will extend lease for new buyer)
HOA: $290Home Insurance : $600 per year.Built:1958 (Interior renovated la...
Jonathan H.
Explain 30 year fixed FHA loan please
Hi guys,
Im a Canadian citizen buying in the US and have been telling my family about the loan I will be getting.
I will be getting a 4plex at ~4.5 for 30 years fixed.
Now, both sides of my family (in Canada) are s...
Shane Bishop
Utilities: Who pays?
Hello everyone, My wife and I are looking to purchase our first rental property in the upstate of South Carolina and are hoping to utilize this opportunity to do a house hack! However, since this is our first time do...
Areeb Naseer
HELOC for down payment
Hello,
I am just starting to invest in real estate. Rather than investing out of pocket, I am planning on getting a HELOC on my primary residence that has significant equity in it. I plan on using this as down payme...
Josias Vivancos
Refinancing a house
If I can reduce my monthly payments by $200/month, would it make sense to refinance?
Rich M.
Sale or Invest with Equity Line
I have just rebuilt my credit 795 is my score. I'm looking to build corporate credit with lines and high limit credit cards
for my personal as well as business. Anyone know of any books that can help me with this? Wh...
Nate Stitchell
$23,000 left in mortgage to pay. Should i Re-fi???
Have $23,000 left on the mortgage. Looking to Re-fi to acquire another property to fix and flip? Is this something that is realistic to do ?
Sincerely
Young investor who is sick of watching from the sidelines.
Will H.
10/6 ARM financing with 5% down
Hey BP!
Anyone care to share their experience/wisdom with using a 10/6 ARM to finance their property? Seems pretty attractive if we are talking about a 10 year fixed rate that's about 1% lower than the current conven...