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Hello all,Looking for some sell-or-rent advice. My wife and I purchased our first-ever home in Viera, FL (on the Space Coast) for $430k back in Oct 2022 with 10% down using a 5/1 4.5% ARM. We're now 2y+ in, and set o...
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Hey BP,My dad has found a motivated seller in CA. They want cash for the property. He is in the process of getting the cash together via private lending, by next week. He does have $5K right now to work with and it...
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Investment Info:
Large multi-family (5+ units) other investment.
Purchase price: $100,000
Cash invested: $900,000
New construction 9-unit underway: 7 apartments + 2 micro-retail spaces.
More detail...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $1,167,500
Cash invested: $234,846
This is hypothetical as I currently occupy (house hack) the lower unit, b...
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Can I sell a rental property and buy a franchise business?
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I found an investment property!My question is, would it be better to purchase cash then do a refi on it? (Pros-cons) OrFinance the whole thing on conventional having to put 25% down?
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BP Community,First let me apologize in advance if I'm posting in the wrong forum. This is my first post so I thought I'd make it personally memorable by tying it to my current real estate challenge. As my question l...
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Good Day BP, I need a second opinion. Would it be logical from me to borrow money from my 401K to purchase a home whether for myself or for rental purposes? Can this be done? Are there any other strategies you'd sugg...
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Hello all! I’m involved in a partnership with 2 other friends and we are moving on to our second buy and hold rental. This second one that we are looking at has one of the partners willing and interested in using his...
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Has anyone had success with naca or know of someone who has? Or getting a mortgage with character based lending?Would love to hear from you if you’re in the Bay Area ca but open to anywhere