Tou V.
Refinance or not?
Have a question here. I have 2 loans, each are 30 years fixed @ 6%, with 25 years remaining. I can keep paying on them or refinance to 30yrs @ 4.875% loans and save total of $280 monthly after refinance. New cl...
Sunil Kapoor
Selling low cash flowing properties using a wrap. Any advice?
Hi All,I have a few SFH’s which don’t cash flow so much, but I have a great 30 year fixed loan with a low rate on them. I’d like to increase my cash flow and one thought is selling them on a wrap.My current P&I p...
Samuel Mutschler
Balloon Mortgage and Taxes!
I found an investor for a rental property. The investor will act as the "bank" and provide the money for the investment property at maybe a 5% interest rate. Myself, the "landlord", will find a property to buy and man...
Michael Lleverino
Investment first steps
Hello BP,
Really exited to have found this forum. I've been reading many of the posts and sure see plenty of creative ideas to make investments work.
As for my real estate experience, I've had the opportu...
Thomas Brady
1040 Schedule E question
Hey, I'm new to the investing world and just requested the 1040 Schedule E from the seller. As I was reading through it, all the numbers looked good to cash flow with, until I came to depreciation expense, which was $...
Nicholas DeLouisa Jr
Our first open house visit - If a deal fell in your lap and you weren't ready for it, what would you do?
Hi,I was just curious about something. I went to my first ever open house last weekend. Not because I am in the market yet (I'm still learning the basic principals of this business, putting together a bank roll and ...
Alex Gambrill
How to wholesale a up side down mortgage? Help
I have a neighbor that moved to Florida 9 years ago because he is in the military. He owns the house next to me in Baltimore County Md. He has been renting it out for about 9 years but recently decided to let it go to...
Dominique Long
HELOC vs. Cash out refi
Hey guys, I haven’t been up in so long but I have a few questions. I recently bought my first triplex in February of this year and now I feel ready to buy my next one. I would like to buy a small townhouse condo for a...
Tal P.
commercial loan
I'm looking for a commercial loan in MA.Can anyone please explain me which people/banks i should be looking for?I spoke with few banks around Boston and nothing useful happen.Tal
Daniel Rutledge
Under contract with Hard Money, Please help!
I have a deal under contract and quickly pulled the trigger with a hard money lender to get it fast. Now I am a little concerned with some things written pertaining to the hard money loan. Here is the list given to me...