Hi everyone,
Needed some advice on how best to raise capital to buy a multifamily unit. I currently own 2 townhouses each worth about 250k-260k each. Both have conventional 15 year mortgages on them at 2.75 and 3.75 p...
I am looking to implement the BRRRR strategy for my purchases from here on out and I am wondering how the Refinance and Repeat steps work after you have your initial 4 loans. If I purchase with cash and then refinanc...
Hi everyone! When I was 15, I inherited a house from my grandfather that he paid cash for years ago, and has been rented for the last 6 years. I've saved up a pretty good cash flow, since I have no mortgage, little ex...
Hi everyone, I am trying to learn a little more about assumable mortgages. I have a potential deal where the seller owes 100k on the property and their mortgage is assumable. All other factors taken into consideration...
Hey y'allI'd love some input on a refi I'm currently doing. Here's the skinny - Bought a fixer upper 1 yr ago for $60k. It was assessed at $85k. I know that's not a good gauge of value, but it's what I had at the time...
I have a property under contract (4 units) I'm shopping around for a mortgage and need some advice. Which option will you choose, which one will be cheaper from a long-term perspective? Both options are Credit Unions ...
My buddy is in a bit of a situation and we need some advise. My friend moved in with his new fiancé and they refinanced the mortgage out of her exs name and he basically co signed the refinance because she couldn't af...
I am closing a seller financing deal but am confused with how monthly payments are split up between principal and interest. How do I determine how much principal is owed at the 10 year mark for the balloon payment? I ...
Hello
I’m David and this is my first post.
Just heard of BP last week and really like it . My question is I started buying residential income property four years ago and I’m up to 15 doors. Hoping to retire in the ne...
HelloIs this a good time to Cash out refinance?My situation,I am on a 30 year conventional mortgage loan at 3.5 rate of interest on my multi family home that I bought for 750k.with 20% down.Its been a little over two ...