Hey BP!!!  Excited to dive into the forums!  I've been devouring the podcast for the last two weeks and it's reinvigorated my path in real estate!My first plunge into real estate was a buy and hold Triplex in Utah we ...

Like I said usually the charge for the rate and your escrow are going to be the biggest costs rolled into the loan.

I'm just here to try to learn and absorb as much as I can so hopefully one day I can get the ball rolling.

I had so many people calling in those years HELP my apartment loan will not renew what do I do its a great property and its current.Now most of the folks on BP are new and started after 08 and that's great for them .. and I am not predicting this in any manner.. and many have nice 30 year fixed.. but those that buy on 20 due and 5 there is real risk as remote as it is.. just because a bank rolls one 5 year over does not mean for a minute they will roll the next.. then you had a Hedge fund like Rialto buying all this bad paper and just stomping on these owners.. people I knew were forced into bankruptcy  Rialto would not deal .. and to make matters worse that company got 5 B of tarp money.. so our tax payer dollars was creating this huge win for these guys.. it was ugly.. but its all good now..

Request a "TENANT ESTOPPEL CERTIFICATE" and Rent Roll which will fully disclose everything about the tenant and lease.

Roll that into a 30 year fixed rate loan, and only put 20% down, then being represented by a professional is pretty small potatoes.

And then ask for a rent roll. 

Most people accept the market rents figures in the rent roll as the truth and assume the loss to lease is solely organic.

I plan to keep rolling the cash flow in to new and bigger property’s.

I joined the site back in February and have been on a swift ramp up educating myself on all things RE, reading a number of BP books (and their recommendations) and rolling through the first 80 BP podcasts to date.I'm a full time tech executive in the bay area, CA looking into OOS opportunities to build a RE portfolio (British expat permanently moved to the US in 2014).