Long story short, my first home was a huge mistake, I was laid off just prior to my first payment being due, and I would like to get out of the house. It's a USDA loan, it's been transferred from BOA to Carrington Mor...
I was approached by my Dad today while I was discussing with my brother about using a HELOC to invest in rental properties. He said that I could use the HELOC he has on the house to purchase properties if I needed mon...
I was referred to a mortgage broker for a re-fi on a rental property that I own (refinancing out my private lender in to long term financing). Long story short, late in the game, the mortgage broker has informed me I ...
I'm looking at properties in the Oceanside CA area and hoping to make it an Airbnb. According to the calculator, I could make $1,400 a week. Am I missing something? That seems crazy high but if it's accurate, i'm buyi...
There is a house nearby that is occupied. Foreclosure for sale.
I just want to hear how that worked out for other people. I like the house (from the outside pics) and the location is ok. But its occupied and sig...
Morning!I am looking at buying a condo in Mexico as a U.S. Citizen. Most of the properties are cash whereas some offer terms. My (complete nubie) question is this: if I take out a mortgage, doesn’t the lender pay the ...
Could you please let me know if the interest in Step 5 below would be tax deductible:1) Buy Property for $100k. $20k cash down, and $80k loan (for simplicity, say interest-only)2) Property appreciates to $150k3) Refin...
I was shooting the shit with someone the other day who told me you never want to buy anything with your own money. What does this mean? Has anyone heard this expression before referencing real estate investing?Thank you
Hi!
I am a newbie and looking to find my 1st real estate investment. Looking for Single Family Homes to use as rentals and employ Buy and Hold strategy. Looking in the Kyle/Buda areas near South of Austin and also th...
I listened to a BP podcast on here about mobile home park investing recently and it sparked my interest a little. I have never really considered it before but as I have researched the idea a little more there seems to...