Hi,
I purchased my residence 7 years ago for $320k at 3.625%/30 yr mortgage. I have 220k left on the loan and the house is now worth $560k. I am thinking about taking a cash out refi to buy other properties, but I lo...
I have 3 great duplexes I am trying to purchase, but not enough money to buy all of them.I have heard seller financing is a great way to buy a house with little money down. I am trying to calculate how seller financin...
Hello
I am turning my home into a rental property in SC and am moving to IL. I may buy a place in IL and eventually rent it out as well. I was told an Scorp in SC would be best but would I be able to use tha...
Hi,
I am planning on renting out my town home but I don't see any benefit in doing so. I tax rate is 28% , so I will end up paying the same percent on rental income. Say for example my total mortgage payment ...
HI BP community, I am looking to become a serious investor in the Houston market. I have been getting educated by listening to podcasts, reading books, digging into the forums, all the fun stuff. I have been inspired ...
I just wanted to see if this works. Let say you buy a duplex with a 5% conventional loan and after 2 months you want to get out and turn it into a full time rental. Do you just approach your mortgage company and pay d...
I'm currently deciding on if I should borrow from a 401k to pay down a Heloc or apply to mortgage. Currently, the Heloc has a loan amount of $45K @ 5.49%. Funds from the 401K can be borrowed @ 2.125% interest for a pe...
I Have a property under contract for 50k that is ready to rent out at 800/ month that I planned on wholesaling, but I could get more money if I whole-tail it. The house is currently worth 70k as-is, doing some curb ap...
Hey guys so this is my first post! I’m going to be purchasing my first property within the next year and am super excited to get started, it’s been a long dream that I just never took action on. I love the idea of cre...
I am refinancing a portfolio and instead of a cash out refi, I am pulling a property out of the loan that equals the equity in the portfolio. My loan amount stays the same + plus closing costs and a higher interest ra...