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Sorry in advance for the long post...I have a family member with a home in Calgary Alberta that she would like to sell but given the hit to the housing market due to dropping oil and gas prices she doesn't want to sel...
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I've been browsing for a while to try to figure out what are typical down payment and interest rates for loans as you increase the number of loans in your portfolio and I still can't get a good grasp on it. These lim...
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Hi,I am new to the investing world and actively looking at properties to invest in, interested in doing house hacking with multifamily. I was curious on how I should get started with obtaining loans? Should I just go ...
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hi everyone, new to the forum here.
let's say i have entered into a mortgage and due to economic conditions, i will be defaulting on the mortgage. what effect does the amount of equity that i've put in (paid down) a...
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It wasn't long ago that mortgage rates dipped below 3%. Actually, during COVID (January 2021), mortgage interest rates dropped to historically low levels, reaching 2.65%.
Wondering how long will I have to wait for r...
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@Brandon TurnerHey Brandon!What's better: a 15-yr mortgage or a 30-yr mortgage?I can still cash flow just fine with a 15, so I decided to take it (PITI with the 15-yr is $550/month, while it is $350/month for the 30-y...
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I’m looking to house hack in Tucson, Arizona, and have made offers on a few duplexes with the goal of living in one unit and renting out the other. However, the duplexes within my budget (~$360K) often require substan...
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I'm an out of state investor living in Tacoma, WA. I own a property in Fayetteville, NC that I bought in January of 2021 and have never missed a payment on. When my PM visited the property this morning they found fore...
There have been several threads here on BP lately about the legality issues when seller financing to consumers. New, apparently stricter federal regs are in place to start 1/2014.
I've posted before that I've been...
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Folks - I just wanted to seek some input on an analysis I ran to get your thoughts to compare between two scenarios to see if I have missed anything out. If not, I would really appreciate some inputs / alternate point...