the idea behind 'house hacking' is you move into the house/mfh in order to get a better interest rate, but when you move to the next place won't the bank change your mortgage to an investment property after 5 years wh...

Hi, I am planning to buy a home. As I don’t have enough savings for that, I have no option other than a mortgage finance. I don’t have any previous experience with mortgages. So, I asked my friends for their suggestio...

I just read an e-book called Replace Your Mortgage by Michael Lush and David Dutton. It basically presents the home equity line of credit as replacement for your personal or business bank account. They say it works as...

So long story short, my interest rate has increased on my rental property and my mortgage payment went from $1220 a month to $1969. Tenants pay $2350/mo and after the rate increase, this no longer covers mortgage/taxe...

Hello! New to the BP forum and joined out of curiosity for a hypothetical scenario.I know everyone's situation is different, and everyone has different needs and priorities within Real Estate.So I was curious on one o...

Hello! I received a 6.6% interest rate. I am wondering if that's high given the current market. Good credit score, working at an entry-level software engineer at a FAANG company. Is this a competitive interest rate?

If it seems to you like prices in NC just keep going up... then you are observant. The Federal Reserve Bank of St. Louis (St Louis FED) maintains vast quantities of economic data, including housing data. The Federal R...

First time investor, hopefully the start to long term financial independence.  As someone starting out as long term buy-and-hold rental investor, we are looking for relatively good conditioned places in $125-300k/unit...

Hello everyone, this is my first post. I am trying to wrap my head around what I am getting ready to do. So we (wife and I) currently have 3 rental homes. 2 of the homes are half paid off with about 10/15 more years o...

Last year in April I bought an income property cabin in Big Bear Lake, Ca. I paid cash so I own it outright. It has been doing very well in rentals so I want to buy a 2nd one. I can't pay all cash this time- so I was ...