Hi All, I recently purchased another rental property and planning the rehab now. I expect to pay around $40,000 to $50,000 in expenses. I wanted to creatively finance this and take advantage of any cash back/rewards. ...
Economic Update
(Monday, April 5, 2021)
Given the news from the labor, real estate, and manufacturing sectors, it's no surprise that “Consumer Confidence” in the U.S. has increased to the highest level since the b...
Hi All, I'm looking at a duplex in the Dallas Fort Worth Metroplex area; the seller has just counter offered with an addendum for reservation of the potential oil, gas and mineral reserves of the property. I offered 1...
Did you have an attorney review purchase agreement and add helpful content to it? Currently I only have one from a course I took. It was a really good and comprehensive course, but I want to make sure my purchase agre...
I own a duplex that I bought 2.5 years ago. I lived in it at first, but now both sides are rented and I live elsewhere. I used an FHA loan to purchase it at 180K, but now I'm confident that it's worth at least 230K ...
After recently refinancing a duplex, the remaining equity will allow me to open an interest-only HELOC with a maximum withdrawal amount of $21,300. The HELOC is fixed for the first 5 years and then it will adjust with...
So I have a property that cash flows 175 a month after mortgage, property manager, repairs, and vacancy. Should I make extra payments on the mortgage, or invest it in the stock market. I use Robinhood so I get commiss...
Hi BP Community!
I am submitting an offer on a duplex in my market as an owner occupant. I am looking to make a low down payment (3-5%) and so the obvious choice was FHA. However, I don't like the idea of paying PMI ...
Hi, Everyone.
I am currently looking to refinance my current ARM mortgage(within the next month and a half).
I have a question about avoiding the Mortgage Insurance premium.
This is our main home, bo...
I want to be able to do a rehab/flip with my $43k Roth IRA that is in an LLC. The problem I see is that I can't be sure how much the rehab will really cost and it is not likely that I can find a non-recourse loan.
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