Hello all: I have been a BP member for several years. Most of that time, though licensed, my focus was on purchasing rentals. I made the decision recently to open a brokerage on my own and work on sales as well as pro...
Hey everyone,
I've found a property, settled on price and received a quote for a loan: 3.5% 30yr. But I had some questions revolving around strategy and how to allocate money.
I can currently save $1K/month from my ...
So my father purchased a property I found for me because my job was paying me 1099 and so I didn’t qualify for a loan so I got my employer to switch to a w-2 so I can purchase the house in 6 months which is now less t...
After reading about a few landlords having screening problems, threats, and recent anti-landlord gotchas and pitfalls that landlords are experiencing (in various states) when advertising for a tenant, I was wonderin...
I am currently under contract for a primary residence costing $385,000 and a locked in rate of 5.75% for 30 year fixed mortgage. I am putting in a larger down payment to lower monthly costs due to HOA fees and to have...
Hi All,I am closing on a duplex next week in Jersey City NJ.I would like to add a water meter for the upstairs apartment.I will have a plumber establish that the plumbing is done with two separate risers and it can be...
I will be selling my $1,000 sq ft SFH (2/1). I put on a brand new roof and new central HVAC. The wiring is old knob and tube and is visible in one room that has no drywall. As to the wiring, which selling strategy is ...
Investment Info:
Townhouse fix & flip investment.
Purchase price: $345,000
Cash invested: $12,000
Sale price: $625,000
This was a 3 bed 3 bath townhouse I bought at auction, It only needed pa...
Hi I was considering a heloc for investing. I can take a $65,000 HELOC on my current rental house for a 2% origination fee and the rate would be 6% for 30 yrs. it says any redraws would possibly be at a different inte...
My father-in-law, who is in his mid 70s was wondering if it's possible to use funds from his 401k for a down payment without getting hit hard on the taxes. In other words can the 401k essentially be transferred to re...