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Just looking for some advice. Thinking about utilizing the VA cashout refinance for 100% LTV. In doing this I would lower my interest rate from a 3.75% to a 3.5% and only add about 150$ to P&I on my mortgage. Shou...
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I am embarrassed to ask this, but feel lost in almost a loop of analysis where both "A" and "B" answers seem to be the right one depending on the day of the week and phase of the moon.If any of your more educated soul...
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Hi All,I have a question that I hope someone can help me with. I have been looking at wholesaler property listings that were sent to me from the summer time. The prices that many of the properties actually sold for ...
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Hi all, My husband and I are both teachers (I work in Newark and he in Bridgewater, NJ). We are looking to invest in rental properties (multifamily) to hold for about 10-15 years as an additional income. Since we ar...
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I've been in talks with a owner who wants to sell his property off market. He wants to sell for $70,000. My real estate agent friend tells me the ARV is $60,000. When I discussed this with him he says on the open mark...
Hello,I am 24 years of age and I currently been thinking about my first rental property and I'm going through my options.I work full-time as a Leasing and Marketing associate and my gross income is around 50K a year, ...
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Hello, All! This is my first time posting on BP, and I am a very new investor. For the sake of this question, let's use a $200,000 home(s) for my below example:If all other factors are neutral, say one had $120,000 wo...
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First time investor here,
I am currently in contract for a duplex that I will be house hacking, with plans to do 5% conventional due to my lender stating this was a possibility. He emailed me today stating that he w...
Hi,My names Colin. I've been analyzing deals in the Charleston area for few months now. It seems like many of the places I come across that are close to the 1% rule still have pretty thin margins based on how I am run...
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Hello everyone,
Especially the mortgage brokers. Understand there are many different loans and would like a deeper understanding if this is correct?FHA --> non-traditionalVA --> non-traditionalConventional -...