Hello Everyone,
I've got a scenario that I cannot seem to get one answer on. Every person I ask has a different opinion.....
-I buy a property for 203k using a 193k hard money loan
-The property is worth (and will ...
Hey BP fam. I am a newer investor. I have 2 rental properties - one I just bought to get into the REI game, the second I did a BRRR. I really enjoy real estate and want to continue growing my portfolio. I have a dece...
Hi BP,I apologize for the newb question. Scenario:Current loan 20yr fixedYears Left: 18Loan: 235,000Current rate: 4.375%Refinance Loan:15-Year Fixed Rate Loan Amount plus closing costs: $215,000.00Interest Rate: 2.87...
I have a 3/1 I paid $127k 2 years ago.
Current tenant is not going to extend lease.
Mortgage + escrow = $941.. rent was $1150.Rate is 5.75%.
Sell? Keep?
Basically not making any $ each month, no tax break (income ...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $60,000
Cash invested: $60,000
Sale price: $177,000
Purchased a run down rental off MLS and made it amazing!
...
I am NOT a sophisticate investor. So would love some advice. What would you do??Primary residence: owe $156,000, market value $275,000 , existing 4.375% for 30 years, 28 years left; have a new locked in refi rat...
Here's my situation:
Bought a home in 2017
Purchase price: $440,000
Remaining Loan Amount: $330,000
Current Market Value: ~$550,000
Closed on a new primary residence at the end of September (2020) that needs wor...
The original plan, and hopefully still is to cash out refi current home. I can cash out 90%. Currently owe 101k and would refi at 135k with 3.73% APR. Leverage equity into another property down the line after getting ...
Investment Info:
Single-family residence buy & hold investment in Denver.
Purchase price: $440,000
Cash invested: $88,000
Primary Residence used as a house hack from the day of purchase. Remode...
A friend and I are talking about partnering together on a deal where the most likely outcome is that we sell it via seller financing (because the buyers probably won't be able to get traditional financing).We are talk...