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6 February 2025 | 10 replies
Many years ago, we worked with a VA on a fixed rate.
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19 February 2025 | 11 replies
While these loans make it easier to buy a property, they come with challenges:- **PMI Can Be Costly:** With less than 20% down, you’ll likely pay $150-$300/month in private mortgage insurance.- **Interest Rates Can Affect Refinancing Plans:** If rates increase, refinancing to remove PMI or lower payments may not be an option.- **Scaling Can Be Tricky:** FHA loans are typically for primary residences, meaning you’ll need to strategize if you plan to purchase additional properties.Thinking through financing options and backup plans before you buy is essential.### 5.
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19 February 2025 | 7 replies
A lot goes into picking locations, venues, and dates we think the BiggerPockets community will enjoy!
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24 February 2025 | 5 replies
It really helped us get a better interest rate on the property and typically allowed us to put 10-20% down since we were buying the home to be our primary residence.
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4 February 2025 | 17 replies
What's your purpose of hiring someone on an hourly rate?
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11 February 2025 | 4 replies
We were hoping to get agency debt on this to get the best rate.
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22 February 2025 | 7 replies
You can increase returns with leverage (that is a mortgage) or with value add (renovations, additions etc).I think cap rates (rents minus expenses divided by purchase price) on commercial and industrial is higher with less work involved, but its more expensive than I can afford--so I know next to nothing about that land.
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2 February 2025 | 9 replies
Quote from @Axel Scaggs: Hi everyone, I’ve really enjoyed all the info I’ve found on this site!
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2 February 2025 | 9 replies
I’m having trouble determining the correct monthly rental rate for my property.