I purchased a house in 2021 for 350k with an interest rate of 2.5%(VA loan). Monthly payment is $1830. Rental calculators put the rent in the $2200-2400 range, but based on the comps I've seen I think it is in the $24...
I am looking into buying my first out of state rental property, I am looking to buy it in cash through a LOC that I have on another property of mine then use the delayed financing exemption to refinance into a convent...
I currently have a FHA $200,000 loan with an interest rate of 3.375% with a pmi flat fee of .85% ($141) of original loan amount. I want get a conventional loan to drop my PMI payment of $141 per month. However, the ...
Hello BP members,I am just recently join the BP forums, so I'm not sure if I posting this at correct section.I am trying to analysis if this deal will work out base on the limited knowledage I have and hope I get numb...
Should i use part of a home equity loan to put a down payment on another house to rent out?
Hi BiggerPockets Community!
I’m a U.S. citizen who has lived my entire life abroad, but I still submit my tax returns annually. I’m diving into U.S. real estate and debating between two strategies: buying new single-...
Hey BP team,
I finally got my first two SFH properties bought and rented. I purchased with all cash and bought under my new LLC to protect my personal assets. Now I’m at the refinance step and every bank I talk to...
I currently own a 2-bedroom townhouse in Clifton Heights, Delaware county pa. I have no mortgage on it. I also own a duplex in philadelphia that I bought in November 2020, current balance $296,500 that I live in with ...
We live in Michigan.I took out a home equity line of credit on our primary residence. We bought a 2 family flatRehabbed & moved in 1 of the units & rented our primary residence & rented the other unit.Now ...
Hello! This is my first post to bigger pockets but I have been listening to the podcast for a year or two now and I am about to close on my first duplex in 8 days! BackgroundBuying a 361,000 duplex that is 6 beds 3 ba...