My business partners and I are trying to purchase a 63-unit deal (spread across 6 buildings) near Cedar Rapids, IA with a Fannie Mae loan product. We're after their low interest, 75%-80% LTV, 30-year fixed rates, and ...
Hello BP community members, I joined 2 days ago and I’m already learning SO much . I have a first time homebuyer question . My husband and I are currently renting but saving up to buy our first home . We are planning ...
I am looking at a duplex listed in the eastside of the Seattle area. The mortgage broker that I have been talking to stated that I since it is a duplex I wouldn't be able to get financing unless I had 25% down and I ...
Tenant is moving out of paid off property in August. The property was purchased seven years ago for 56k in a C- neighborhood, which is now paid off and worth approximately 170k. Light renovation of the kitchen and sho...
If you could afford a $400k property in Boston... would you stick to a studio apartment in a good area of Boston or go to some of the cheaper areas where there are longer commutes and more of a reputation for crime?
A few times in the BP podcasts (notably in ep. 327), Adam and Brandon have suggested that they make offers to buy property nearly on the spot often before inspections. They go on to explain their contracts have variou...
I shopped around for a long time and sat through several live and online sales pitches for months before I found someone who was legit and genuinely interested in my success rather than just hype. I am a student in hi...
My first property just appraised way higher than I expected. Was in process of doing Cash Out Refi but now am hesitant since if I want to take out all available cash, my mortgage will most likely be making me lose mon...
Hi. I currently am renting my house in Illinois and moved out to Arizona. I still owe 145K on the mortgage with 15 years to go on a 20 year loan. It currently appraises at 260-270K, I am renting the property for $1500...
So I am a single active duty military member about to go on deployment next year in the navy. For the last two years I have been renting out an apartment using my BAH. BAH is what the military gives me to live out in ...