Hey BP,I have a 6 unit property that is currently below market rent by $100 - $150 and the previous owner paid for city water, sewer, and garbage. The property is in a smaller town where water is a flat fee (not mete...
I currently have six rental properties and seven Fannie Mae loans including my personal residence. I was told by my lender which has all six rentals that my interest rate will be 5.25% when I refinance my private m...
Hello all, We're looking for our 1st fix and flip in or within 45' of the Beaverton/Portland area. We have about 50k saved up to do rehab (there's no down payment) but since it'd be our first deal, between hard money ...
Hi,I am in the process of selling a rental property. this was formerly my primary residence (3 of past 5 years) and has been rented for 2 years. it is paid off and I will net around $130k prior to taxes. my household ...
Not sure why the first post was removed. Here it is again:Hi guys, I have primary residence mortgage $272,402.50 remaining at 3.625% with 24 years left and a rental unit with $260,997.99 remaining mortgage at 4% and 2...
If I have multiple investment properties and over the course of my time owning properties I realize that if I choose to re-sell the properties any profit I would make on the properties they would be subject to capital...
For those of you in Maryland...specifically Baltimore, I'm slightly confused.Recently, I renewed my rental license for a couple of my properties. On Page 2, Section 5, it's titled "Legal Agent" and it requires that th...
Hey all, I just stumbled upon this "gem" on zillow and figured I would share. Looks like the tenants absolutely trashed the place. Goes to show you having a good screening process and collecting a solid security depo...
Hi All,One of the properties that I originally used a VA loan for is approaching 80% LTV. It's about $5k away from that right now. Is there an easy way to figure out if refinancing will give me either a lower payment ...
Is it possible (and if so, would it make sense) to refinance a commercial mortgage on a duplex to a personal mortgage that would be owner-occupied? We're planning to rent out our current personal residence (have been ...