Jessica Baez
Am I making a mistake?
So it may be a little late for this post, as I am already under contract but I figured what'd be the harm in asking right?So I work for a new home builder, we have 2 bedroom 2.5 bathroom town home community. I'm getti...
Account Closed
Should I even consider buying a house?
I have been married and living with my husband, the breadwinner, for the last 5 years. We are separating and I am thinking about buying a modest home for me and my two daughters. But I have NO idea if I would even qua...
Matt Leber
How Does HELOC affect Lender Debt-to-Income requirements?
Hello All,My wife and I have recently started the process of applying for a fixed rate (4.5%) HELOC with $100K limit with a draw period of 10 years. We own a primary residence and 2 rental properties. The reason we ...
Julian Sanchez
Lender Amortization misunderstanding
Good evening BP, 30 year amortization on a refinance on a 825k loan, lender parent company large REIT
Interest locked based on the swap rate
10 Yr Swap Rate 1.57%Credit Spread 3.81%Interest Rate 5.38%
Here is the i...
Greg Hammond
Should I sell my home or keep it as a rental?
Background: Bought 3 bed 2 bath 1900 sq ft primary residence home outside of Sacramento in 2019 for $540K. I used the VA mortgage loan with 0% down (no PMI) and currently have a 30 year mortgage rate at 2.25%. I wil...
Jamie Beltran
Who wants BP Calculators to account for borrowed down payments??
I started investing in Real Estate 2 years ago as a buy/hold investor and I have done a couple of flips. I love using the BP calculators to analyze properties, but I have spent my cash on the 14 units acquired in the ...
Greg Baker
New Member - Rochester, NY, What would you do with $10,000?
Hello everyone! Recently, I stumbled across BP while googling "save cash for future down payment or pay down current mortgage?" While searching for an answer to my conundrum above, I started to learn simple vocabula...
Ian Rivera
Is it better to invest in state or out of state?
Hi everyone,
I hope you all are having a great day! I wanted to ask for your input. Just like a lot of others on here, I’m new to the real estate world and I’m looking to buy some property. I currently live near Oran...
Eric Casey
FHA Mortagae/Alternatives
Hi All,For my first property I would like to take advantage of a FHA mortgage to use the low down payment option and a buy multi family to house hack. My issue is that I am locked into 9 more months of a rental lease,...
Mark Gingrass
Please help with this deal??
House is rented out for $250 a month currently.
They want me to pay 2K to assume the loan and continue to make payments of $147.
I asked about who's name would be on the title etc and they said something like. I wou...