Hello everyone!I was wondering if I can get the BP community's advice on purchasing my first investment property! I am really interested in a condo that is located in Tx. The list price is $126,500. The seller is open...
All, I'm thinking about branching out into a multifamily purchase. I found a good candidate property - $2360 monthly rent received. It's for sale for 310k, so when I put all the factors into a calculator I'm getting...
A local credit union in my area (West Michigan) is not only offering, but is advertising on large billboards on the side of the highway a 3% down, no PMI, non FHA mortgage. Am I the only one seeing these types of craz...
I have a question for all the subject to people out there. How do you pull your equity out of a property that is subject to? I have a property that we took over payments of the loan on and it has a 3% interest rate ...
Hi - I am looking for an advice on whether or not choose Home Equity Loan or Line of Credit. I understand the basic difference between these two financing options. What I am trying to do is to borrow enough from eithe...
For context, my ultimate goal is to increase cash flow over the next 5-10 years by lowering monthly expenses.In 2015 I acquired a duplex with an FHA loan of 3.49% that has PMI that is $214 a month on a total mortgage ...
It seems to be everyone I talk to doesn't have the same mentality as me on this one. And I feel so right about it. If the bank told me I could have a 100 year term I would. I don't pay biweekly I don't do short 15 yea...
Hey BiggerPockets Members,I am 19 years old and very interested in long-term investing I have put together an investing plan for myself to pursue investments that I would enjoy working with. I specifically like cash f...
My wife and I are in the Navy and will be receiving new orders in the next year to be relocated (location unknown at this time). We currently have a single-family home that we purchased back in January 2021 in the La ...
Hey Biggerpockets community,I purchased my first live in 2-flat in Chicago this past December and became a first time landlord. I live in one unit and the other unit was already occupied, with that tenants lease expir...