I read that a loan for rental property is about 0.5% higher than an owner occupied conventional loan. So if a property cost $150k, with 10% down, the monthly payment would be $684 at 4.5%. At 5% it is $724. That's ...
Hey guys, I recently purchased a primary residence in Centennial, Colorado using a buy and hold strategy. It needs a bit of work, which I plan to do over the next 5 or so years and then sell. I thoroughly enjoyed the ...
I am a first time home buyer, and was initially planning to purchase a multi family property such as a duplex or triplex with FHA for my first home, and live out of one side. Now I have found that despite having no o...
HELLO NEW TO THE BP FORUM,MY BUSINESS PARTNER AND I HAVE A RENTAL PROPERTY TOGETHER, THE PROPERTY IS A SINGLE FAMILY HOME 3 BED 2 BATH IN LONG BEACH CA . CURRENT MORTGAGE ON THE HOME IS 405k -MARKET VALUE ON THE PROPE...
Hi everyone! I want to purchase a house (to be my primary residence) for 100K. The seller still has a mortgage on it for 65K. What are some ways I can buy it without using a bank? I have great credit, just prefer not ...
There is a chain link fence in perfect condition between the yards, but the wooden fence blew over a few months ago. It's my fault for keeping that terribly built fence. It's on the side of the yard, about 30 ft - fro...
In need of a little guidance here: The company I work for currently rents our office space, and we are interesting in purchasing the building we currently occupy. I'm exploring options, and think that a lease with opt...
I understand if the Sec8 inspection failed, the HA will stop payment. My question is how long until the sec. 8 tenant shall leave the property if the owner doesn't make the requested repair (or late in repair) ? Also ...
I am meeting with two potential tenants tomorrow with the intent that they will sign a lease for our property (that they found using Cozy). I am not sure if I should go ahead and invite them to pay the deposit and fir...
I ran across a condo that actually cash flowed in CA. I called the agent and she said the complex was maxed out on rental availability, so this unit could not be rented, must be owner occupied.
Creatively, I'm thinki...