While interest rates should be relatively low for a year at least, they will rise one day. How do you think that will affect real estate prices? In theory, as rates rise prices should be adjusted to offset the added e...
A lady walked inside my rehab yesterday while I was installing some window casing. She was interested so I gave her the tour. She told me that, " you might have just sold this house". I've heard this throughout my ...
Hi, all!
I just signed on to this site so I can ask some questions of my own. Have enjoyed reading a lot of the questions, & the thoughtful & varied answers especially!
I am new to r.e.i. I own a home, but d...
I have 3 propperties...2 in Chicago, 1 in Scottsdale.. I am in the Red monthly and am sinking fast. Are there any suggestions for mortgage adjustments? Should I just sell? The properties are great and income is so...
I own a single-family home that I have been able to rent successfully over the past several years. The last tenants moved out in June 2008 after 4+ years. Since then the property has been vacant as I attempt to fi...
I purchased my house about 11 years ago, and I am paying $1360/mo at 6.25%. I would like to refi to lower my payment and dump PMI. My question is this. Should I do a cash-out refi, pulling $11k, and pay $1150/mo at 4....
Looking for my first flip and found one pretty interesting. Its actually the house I grew up in.Owner died a few months back and the house is now in foreclosure. It seems they served a Lis Pendensshortly after his dea...
Hello BP Family!
Closing on my first Multi-Family Deal in Syracuse NY and it’s currently tenants occupied. The property has 2 units both with expired leases as we near closing, the current owner dId not want to issue...
Hi All,Any feedback is appreciated. I received feedback on this one yesterday and have made adjustments. I don't have anything listed for water and sewer or garbage, because I am returning that to the tenants with a f...
Hi all,
Just joined BP recently after a lot of lurking so hello! I bought my first SFH 3 bed 1 bath this past fall directly from the previous owner. I bought the house for $105k and many comparable homes in the area ...