Hello Biggerpockets, I purchased a single family home 5 years ago for $80K. I financed it on a 30 year fixed rate loan. The rate was 5% and was financed as a owner occupied home. My monthly payment at first was $63...
several years ago my parent build a cabin in Montana that they estimate is worth and would sell for 750,000 to 800,000. This is there primary residence, and are married so they would be able to keep the first 500,000 ...
Recently, I was involved in a deal that appeared pretty straight forward. That is, until one unforeseen issue threw the whole thing into chaos.I hope by writing this post, I can help others realize that real estate in...
I'm looking for options for possible next moves for one or all three of our single-family rental properties in the Austin and San Antonio areas. They have low 20% ltvs and have market values in the ~350k. A local Pro...
I purchased the investment property in May and was told that I have to wait 6 payments before I can refinance. Why do I have to wait if I am only doing a rate and term refinancing.
Does anyone have any information on DSCR loan, they can sure, It would be greatly appreciated.... Thanks!
Good morning All,
I've been real estate curious to the point of obsession for about a month now, but in that time I've started to develop my tentative plans. I thought it prudent to run some questions by the plethora ...
A couple weeks ago, I was talking to a texan resident that came up to Washington State to help the company I work at, train our team for a new product launch. I was picking his brain about the attitude and culture of ...
We are exploring the possibility of purchasing an investment property in Florida. As U.S. citizens residing in Europe, we are required by the local tax code to hold the property in our personal name. However, our rese...
I'd love to hear about your experiences and how they compare to other types of commercial real estate financing. Any tips or advice would be super helpful!