I am looking to decrease my interest rate from 3.59% to 1.74% offered by my mortgage company when I requested them to look into a rate decrease. Owe 335000 with 3 more years in current 5 yr fixed mortgage. 16000 penal...
A number of properties I look at in St. Petersburg have Section (8) tenants. Common advice is to have the rental vacated before close so you start with your own screening and acceptance of the tenant. If the seller ...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $248,000
Cash invested: $18,900
Sale price: $339,000
Started as a rental for passive income. Made $500/month. T...
I recently found out that my mom is selling her home of 10 years. She fell back on a few payments and is now doing a short sale. I really thought about buying the home, but she is out of state and I know nothing about...
My friend wants to borrow money from me. He said I can use his house as collateral if he can't pay me back. How would I go about starting this process? Do I need to hire a lawyer? the title company? How would I do my ...
Hello BP Team,I currently own an investment property in Oakland, California that I just remodeled. It was initially tenant occupied until November 2017 when they suddenly moved. In the process they severely damaged th...
Hello,
I am looking into investing and I will be purchasing a home in Las Vegas and planning on renting it out (it is so expensive to buy something decent here). I will be living & working in California. I am ne...
Hello my name is Kaleb Im looking to grow my portfolio. Is now a good time to cash out refinance to purchase another property?
Hey there! So I came across this subject to deal that needs some rehab and I have a question in regards to refinancing later. I will be taking over the payments and there’s a balloon payment in 5 years. When refinanci...
Hey Everyone!
Earlier this year (April) I bought a duplex for $49k with a short term interest only loan. The main reason I went for it was because I knew the rent more than covered the monthly payment and my mortgage...