Hang Chu
Pros and Cons: Small Down Payment and LMPI
Hi,I am a little over a month away from closing on a home (new construction). The house is a "detached condo" so I know that the interest rate may be a little higher because its considered a condo and not a SFR. Ori...
Bridget Ariel
Where to borrow money for remodel?
Bought a house for 1M with about 230k down at 2.9 interest for a 30 year mortgage. House includes a non permitted, detached ADU in the back where I live. The main house is being rented for $3,700. My mortgage payments...
Jose Valdez
property taxes in Columbus
Hello everyone. I needed some help with property taxes in Columbus. What is the best way to estimate property taxes when analyzing deals. Is there a way to estimate the taxes quickly without having to call the county?...
Hoa P.
Income verification after HELOC approval
Hi BPers! I'm interested in getting a HELOC to buy another property around Seattle. I know that I need to look around for banks / credit unions that offer this type of HELOC, but I'm concerned about income verificatio...
Lee Cruz
Can i Brrrr with 25% down and rehab costs then bridge into loan?
I only have enough cash for a downpayment and rehab costs. About 50k total for the regular 100k to 150k properties around here.Question 1:Im still tryiing to understand the brrrr strategy. To refinance, arent i only a...
David Sanford
Buying seller financed house, what's the advantage?
I have the option to buy a seller financed house for $72,000. What advantage would this offer? other than no down payment? The house is selling at market value so there's not much wiggle room for equity to do a cash o...
Justin Li
Considerations on LLCs - requiring business loans to REFI or cash out
Hi all!By way of brief introduction - my name is Justin and I'm an out-of-state real estate investor, currently focusing on single-family and small multi-family properties. Mostly long-term rentals, but I'm dabbling w...
Sophia Green
Cashout Refi on Rental
Hello BP Gurus,
I have 2 rental properties in NJ worth $200 each, one fully paid off and other has about 70K mortgage. I own a house which has a mortgage. I am planning for cash out refi on the rental units and use t...
Gordon Cuffe
The market is slowing in Sacramento
The graph says it all. There were 1438 homes sold in the three county area surrounding Sacramento. Last year in September 2022 there were 1868 homes sold. There were fewer homes for sale in September 2023 at 2576 ,co...
David Kieta
National Home Prices are on the rise. . . . . . Again.
According to this article, Chicago home prices are rising with the "steepest annual price growth" (4.4%). This is interesting. During the initial COVID home price boom, Chicago home prices increased about 18-21%. This...