Is it a good idea to use an interest only mortgage to finance a first time investment property?What are the pros and cons of an interest only mortgage?
hello all,
i recently landed a WFH job and have around 100k capital for down payment and other closing cost. No debt and live with fam in north jersey.
i am not interested in NJ investing as this state wont ever cas...
Hey BP fam! Thought I'd reach out in the forums for some guidance before I do an internet deep dive on this. My friend and I have a combined $40,000 and are looking to house hack a quadplex for 2 years before we gradu...
There are multiple homes in a D1 college town that are 4/2, $127,000 purchase. I've looked at comparable rents in the area for college students and they sit between $365-425 per room rented. To put 20% down I would ne...
I've heard of folks buying houses from sellers who've fallen behind on their payments, then leasing the house back to them to avoid the pain of moving, etc, but another idea came to me, which I'm positive is not an or...
We own a STR business in MO. We have 15 STR with two completely free and clear. I would like advice on which loan product would work best in the situation described below:
We want to use the equity in one of our paid...
Hi everyone,Looking to get some duplexes with friends' money and make them some money in the process. I already have the friends and I've started looking at properties. I have an agent, lender, CPA, etc.Questions are:...
My Husband and I got s house our first property. We were able to scores a 4 family, awesome! The problem is we are getting low on funds. Our property is not on public sewage snd had a cesspool so we had to update that...
I've been thinking about the future and when the time comes where I will no longer be able to get a conventional loan from a bank. The following potential situation leaves me with some questions.When I can no longer ...
The first home I purchased was a duplex about 12 years ago. The plan was to live there for a few years and then move when our family grew and hold onto the duplex, which is what we did. With our growing family and ca...