Hi all, I am a complete newbie to real estate investing. I have a condo rental but that is something I rented out after I moved out of it and did not want to sell. So it was not bought with investment in mind. Althoug...
Interest rates have had a substantial impact on the overall affordability of a home. With mortgage rates on the continual rise, it’s time to think creatively about how we can minimize our long-term costs and make our ...
SFRental - has a 220-230k valueCurrent mortgage balance is 149k, with a 30 yr, 2.85% interest.I put about 15K down payment and closing, house hacked for one year. I need access to money, to invest in other deals. I a...
I have a seller finance deal pending. Price $380K , 20% down, 1 year Note, 6% interest, Amortization not decided yet. I do plan to use a HELOC at 9.25% for down payment. I plan to refi at one year after raising rents...
I have a loan coming due, but the bank won't let me refinance it until I get a signed lease. Meanwhile the tenant continues to pay the rent and even if the tenant doesn't renew I can afford it. Any banks out there t...
I purchased a home and have done improvements to it. I need about $30,000 to finish the improvements to sell it. I don't want to refinance as I have a great low interest rate currently and I don't want to pay upward...
Hi BP members,
I'm looking for advice whether or not I should buy points from my lender. I have an option to refinance at 3.875% at 0 costs or I could save $189 at 3.125% at $12.5K cost. It would take 5.5 years to ma...
I would love to hear from anyone who has used Finance of America within the last few months.I know their reputation is terrible, you don’t have to tell me that, I’ve read about it.What I’m specifically looking for is ...
Hello everyone,So I've been doing some research trying to see if you can Utilize the house hacking a BRRRR strategies on the same property. Combining the two basically. There are a few questions that I can't answer th...
Good morning, first time poster, please forgive if I bypassed any steps before posting. I currently own a condo in La Mesa area of San Diego, CA. First time home owner. I purchased the condo in 2020 for $310,000 at 4%...