Hello all at BiggerPockets! I am new to the site and I am looking to pick some brains. My girlfriend and I are looking at buying our first home in the Pensacola, Florida area and I have a series of questio...
The 7% interest rate I'm seeing, even with a 30% down payment, credit score 810, is really gobbling up cash flow. The most frequent advice I get is to bite the bullet and refi when rate goes down. But will it go below...
If there is an open judgment against an estate that lost the property through Sheriff Sale, does that need to be paid by the winning bidder in order to obtain clear title? The judgment was filed before the foreclosure...
Hello everyone,
I've been thinking about buying a house for the past year. I saved up enough cash for more than 50% down payment, but the main problem is that I am a freelancer and I try to write off as much ...
Dear allI am close to secure my first property (Canada) and currently discussing the mortgage details my banker. He strongly reccomends (for logical reasons) a mortgage insurance.1) What's your take about about it ?...
Hello BP family,
Here in Texas we have come across yet another magnificent property. We have built a relationship with a seller of a multifamily property with 7-9 bedrooms, in an area that is underway for vast develo...
Hi All
Backstory. I have 2 rentals. Both were mine and my husband's primary homes prior to marriage. We kept them and rented them out. Both have about $100k notes on them. Comps are currently selling for $220-225k. 3...
Hello BP,I just need a little clarification on strategies using subject to. Specifically, how do you handle taxes and insurance? As I understand it, acquiring a property subject to the existing mortgage entails that t...
I picked up a house in Sep. for 577k with an ARV of 800-810k. I took hard money, note of 522k. Paid for the down and renovations out of my pocket ~57k+130k. Selling will make a little money, but it’s not a ton. The h...
Hi all,First, a huge thank you to BP and the entire community. I just started my REI journey and have found the BP community immensely helpful. Thank you all for what you do. I have a few related questions regarding L...