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I need some input for the community. I have a friend who's daughter is shopping around for her first home. They are hoping to purchase a distressed property and rehab it for the daughter to live in.The strategy is fo...
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I have a property I acquired on contract for deed. I'm paying a 13k monthly payment with a contract sales price of 1.5 million. The occupancy was around 65% or so and I have gotten to 90%. Once stabilized the propert...
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If I have an investment property titled in a LLC, is it difficult to refinance down the road when interest rates drop?
I understand conventional mortgages do not lend to LLC, but commercial mortgages have shorter fix...
Hey guys, this is my first post on the bigger pockets forums! I’ve been doing some research online and watching a few of the bigger pockets podcast, and I love all of the content. But my question can’t be found on any...
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Aloha! We just refinanced our house. We've been in it for a year and a half. We might want to sell in a couple months. Does our clock for paying capital gains tax restart when we refinance?
Hey all! Excited to be here.
So, it seems my concern about the BRRRR method is shared.
-When it comes to this strategy, what sort of requirements must one meet for the bank to consider refinancing the property? Wil...
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So with rates low I looked into refinancing my primary residence. Talking with the lender it looks like it'll be roughly $2,785 in closing costs, as a result of the improved rate, I would save about ~$190 on my mortga...
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With the mortgage rates suddenly increasing in the middle of our double closing, we like many others got screwed in our expected cash flow rate on our new duplex. With the last drop with the most recent rate, would it...
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Hey everyone,
I’m hoping to get some feedback about this. I’m considering doing a cash out refinance on one of my rental properties. I’m looking at taking 30k out and changing it from a 30 year into a 15 year. The P...
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Okay so we purchased a property under LLC with a hard money lender and I'm just trying to get an idea and have a clear plan for when it's time to pay the hard money lender back we thought that we would owner occupy th...