Hi all! I'm in process of closing on a 96k rental property and trying to decide btw 15 and 30 year mortgage.  Below are numbers:Purchase price: 96,000Down payment: 20%Interest rate: 3.125% on 15 yr,  3.85 on 30 yrMont...

does anyone have any experience with using their current homes equity for down payment on another home?  I have a lot of equity on my current home and was thinking of taking some out in the form of a HELOC as a down p...

I am purchasing a New Construction home in South Florida that will be complete in August 2019. I have already been pre-approved for a Conventional 30 year Jumbo Mortgage but I am looking to attack and pay off this hom...

Is anyone on BP involved with buy and hold in the NYC area ? I have a few questions

I am going to be putting in an offer on my first rental property next week.  I have run the numbers and I know that I will be offering about $4,000 less than asking.  How do I know if even this isn't too much?  Do I g...

anyone doing any hotels deals?

Hello BPers! I have a question regarding debt payoff vs. investing. I currently make a good income with my W2 position, own my home(owe about $178k on the loan), owe about 18k in student loans, and have just recently ...

Last week I was having a conversation with my dad about retirement. Like most people, the majority of his retirement investments are done via his 401k. I came away from that conversation thinking, “If I was in his pos...

Experienced investors, please explain if I'm being unrealistic.I'm middle aged, and my home is mortgage free. I also have 3 rental houses in Las Vegas, which I purchased at the ideal time a few years ago. Those are ...

Hi All:I live in the Washington, DC metro area. I need help getting off the dime and plunging into the buy and hold arena. I have cash to pay for the rental properties until I am able to consider leveraging it. I have...