Jonathan V.
Current rent is too low.
I'm currently considering a duplex, list price is $45,000, but I've been told I could probably get it for around $37,500. Very low crime area, good location. (I'm from the south in low populated blue collar area)
T...
Adam Azam
Who is refinancing with current low rates?
I have several properties for 5+ years. Given today's super low interest rates, I am wondering if I should be refinancing or cashing out?
Tyson Cox
Alaska State Legislation Could Require 90 Day Rent Increase Notices
On Friday, March 1, 2024, the Alaska House of Representatives House Labor & Commerce Committee had a first hearing for HB262. What is HB262, and why post about it on BP? HB262 states:
"An Act relating to increase...
Allen Wu
Current Loan to value too low?
All - Since real estate prices have sky rocketed, my loan (current debt) to value (current real estate prices) is around 54%. Is that too low? Am I looking at it correctly that if the market tanks by 25% I can still s...
Suduk N.
Current MFH Investment Property Refi Rate
Not discussing loaner or lender details here since my last post asking for recommendation was removed so please refrain from doing that.I just want to know if anyone has recently refi their MFH rental investment prope...
Marie B Barde
Unpermitted additions in refinance appraisal
Hi:I would like to refi my property to take advantage of current low interest rates. I am paying 4.25, 30 year fixed. Problem: I have added a non-permit rental by converting my partner’s pottery studio in back.Ques...
Tom Server
Raise rents of a multi family
Hello BP, I'm currently in the process of purchasing a triplex. Offer accepted.
Doing the numbers my net cash flow should be between $500- $700 a month with the current low rents.
Im in New Jersey and the current ...
Julian Maso
Current Tennant Paying LOW Rent, Possible Buy
I've been looking at properties near me, specifically a duplex, the property is 359,000 and i was thinking about house hacking, with one unit being rented out for 1800 (fair price for college living around me) and me ...
Julian Maso
Current Tenant Paying LOW Rent, Possible Purchase?
I've been looking at properties near me, specifically a duplex, the property is 359,000 and i was thinking about house hacking, with one unit being rented out for 1800 (fair price for college living around me) and me ...
Lj Cal
Keep current low interest rate with a new mortgage
Hello,I want to buy my family home. It would be a direct sale with no brokers involved. The current mortgage interest rate is half of what I was quoted. Is there a way I can take on the current mortgage payments (at t...