I am finishing a gut rehab and want to refinance out of the FHA 203k loan I currently have. However, I worry I may have started the refinance process too quickly, as the contractor may be working on a few small items ...
My question: Is refinance a good option to get rid of my PMI and lower the monthly payments. Could you please augment your answer, just to understand why yes or no?
Numbers below:
House price initially ($235K) Pri...
Hello BP team! I’m in the process of flipping my 1st investment property, multi-family property on south side. In my search for Future properties, I’ve come across condos that are able to be rented out...any thoughts ...
Im new to the site, and have begun analyzing properties, educating myself and building cash reserves until I’m ready for my first deal.
I've found a duplex a few mins from where I grew up (Philadelphia) that comes ou...
What are the typical costs for outsourcing property management of your single family , multifamily, and commercial properties? What can you expect for that cost?
Since I am a newbie, I need to ask a question about two vacant fourplexes on one property. I think I read on BP that a four plex could be financed under conventional financing but five or more units are considered ...
Hey Biggerpockets!
I'm sorry it took me a couple months to introduce myself, I recently got married. I currently work for myself as a bookseller on Amazon, and part time at my church. I'm looking to get into ...
Hey BP,
My name is Brandon and I have been lurking on the site for a long enough and finally decided to introduce myself. I am just getting started with my REI journey. I have been doing research for ...
Hello Everyone,
If I am lease-optioning a home I control to a tenant buyer, who has the responsibility for maintenance? Does the tenant-buyer take responsibility for those costs and issues, or do I as the own...
My tenant couple is in process of separation. The husband wants to be excluded from the lease and won't have any obligation in the future. If they both are agreed to this procedure, what is the proper documentation I ...