I currently own a home with an FHA mortgage in the Bronx, NY. It is a 2 family home and I live in the home.I want to refinance to get rid of PMI, get rid of FHA, and tap equity to buy a second multi-family home in th...
Hi BP!
First of all THANK YOU! I have learned so much and I have been introduced to so much out of this community. I am barely starting and am nowhere close to where I want to be. But I am enjoying the ride. Hopefull...
New to investing and do not have tons of cash. My wife and I plan on buying a fixer upper with medium repairs needed for ourselves to live in for atleast 5 years. I want to give examples of numbers and can someone tel...
Wanted to get people's opinions on whether I should take out a HELOC on my home or seek to obtain 'hard money' as the downpayment for an investment property. If I go up to 90% debt on my current home I could pull $40...
I purchased a single family home in 2008 in Corona, CA. for $295k. Our PITI is $1728 a month and rent is $2150 a month. It was our primary residence until 2013. I consider this rental as a type A property that has r...
Hey all, I have been struggling to find a worthwhile investment here in Colorado Springs so I have been thinking about purchasing a new personal residence with Air BnB potential and either selling my current residence...
Guys,I am new to real estate and to this forum as well. I am in the Boston area. So I plan toget together more than 500k, put down 20-25% on 300k properties and buy 6-7 of them and rent them out.My question is, is the...
Hi, this is my first post since I joined the community. I would like to ask the following: in which situations makes any sense to convert a primary residence to an investment property? Note that I've been there for ov...
Hello Everyone,My husband and I live in Maine and want to buy a home in Florida in the $250K-$300K range. It would most likely not be a rental. Our home in Maine is not mortgaged. It would probably appraise for $50...
Hi there,I'm reaching out because I am looking for a lender to help me figure out how to buy my next investment property before year end if possible. A little background info. I started investing in Chicago, IL. I had...