We have a practically paid off rental property (we owe 39K on a 5.25% 15 yr fix) in a great neighborhood that has had the same renter in it for 7 1/2 yrs. The home is worth. $400K Our primary residence is on a Inter...
The 2016 annual Tax Lien auction for Yavapai county Arizona ended last week. I have the raw results data. There may be some slight changes since the official counts come out after all certificates are paid.Number of ...
One of my market rate units has asked for a -15% monthly reduction. The press out there has been brutal about how much vacancy and drops in rent, which include a lot of new developments downtown that were super high a...
Hi BP community!
I live in a condo located in Walnut Creek that I plan to rent out in the future. I purchased it for approximately $500k, and it is now valued at $635k. My mortgage interest rate is 3%. However, the ...
Hello BPers,
I would like the help of any of you who have either loaned private money or have borrowed private money.
My questions for the sake of this topic are very specific.
1)What terms were you giving/given o...
I have found a note with a upb of 28,500, zero % interest, with 114 payments of $250 remaining. A note at zero % interest is unenforceable in Texas and the note cannot be purchased as it is. I offered $13,636.35 w...
First, I want to say how happy I am to have found such an active community concerned with real estate investing. It’s rather unfortunate that I didn’t know about BP when I bought my condo, but oh well, you don’t know ...
Anyone one else experiencing a decline in the quality with USAA Insurance?
Twice now I have been quoted a price based on a 30 minute discussion of property details only to have the rebuild cost go up 20% a month or t...
A lot of newbie investors at the BRRR refinancing stage will have a tough time deciding whether to go with Variable vs Fixed rate mortgages due to Gov continuous rate hikes. Variable gives pre-payment flexibility and ...
Home Possible from Freddie Mac has long been my favorite 30YF mortgage product. 95% LTV on a 2-4 unit property you will live in, but no FHA downsides. Specifically...Conventional alternative to FHA that requires 5% do...