Hey all, I bought my first 4-plex about 4 years ago and I didn't know much. I ended up getting a 5/1 ARM :( It has been a great investment but am worried about interest rates skyrocketing in 5-10 years. I have tried t...
Hello,I own a owner occupied three family homeand contemplating on whether to sell or hold due to a recent job change out of state. This was my first real estate investment that I made a little over two years ago.Its ...
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...