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3 February 2025 | 8 replies
I switched to Baselane, which is a banking AND bookkeeping platform and it has been so much easier for me to manage myself.
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17 February 2025 | 21 replies
It seems now we have a bull market and if it starts going the other way I would like my rental to at least continue to produce monthly cashflow...that's where I'm at now...still researching and seeing my options...
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17 February 2025 | 8 replies
I guess, she was pretty angry about not letting her book off platform.
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19 February 2025 | 13 replies
Freddie Mac Small Balance Loan (Dauphin County, PA)Loan Purpose: Permanent Financing (Refi & Acquisition)Loan Proceeds: $1,000,000 - $7,500,000Loan Sizing: 70-75% LTV; 1.30x DCR (Small Market) Amortization: 30 YearsLoan Term: 5-10 Year Term (Fixed), 10 or 20 Years (Hybrid ARM)IO Term: Partial Term IO (70-75% LTV; 1.30x DCR); Full Term IO (60% LTV; 1.45x DCR)(Small)Rate Types: Fixed & Hybrid ARMRate (Est): 6.10%-6.60% (Assumes Mission Driven)Rate Lock: Rate Lock @ ApplicationNon-Recourse: Non-Recourse w/ “Bad Boy” CarveoutsPrepayment: Standard - Greater of YM or 1.00%Flexible Prepay: Flexible Options – Stepdown & Extended Open/Par PeriodsRate Buydowns: Yes – Rate Buydowns Available Up to 2.00%Assumable: Yes – Assumable LoanCash Out Refi: Yes – Cash Out Refi OKFannie Mae Small Loan (Dauphin County, PA)Loan Purpose: Permanent Financing (Refi & Acquisition) Loan Proceeds: $1,000,000 - $9,000,000Loan Sizing: 80% LTV; 1.25x DCR (Nationwide Market)Amortization: 30 YearsLoan Term: 5-30 Year TermIO Term (PTIO): Partial Term IO @ 80% LTV; 1.25x DCR IO Term (FTIO): Full Term IO @ 65% LTV; 1.35x DCR Rate Type: Fixed RateRate Lock: Rate Lock @ Loan CommitmentRate Structure: Treasury Yield + SpreadRate (Est.): 6.50%-6.75% (Assumes Mission Driven)Non-Recourse: Non-Recourse w/ “Bad Boy” CarveoutsPrepayment: Yield Maintenance; 1.00%; 3 Mos Open @ ParFlexible Prepay: Flexible Prepayment Options Available Escrows: Taxes, Insurance, Replacement ReservesRate Buydowns: Yes - Rate Buydowns Available Up to (1.25%-2.00%)Assumable: Yes – Assumable Loan Cash Out Refi: Yes – Cash Out Refi OK
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13 February 2025 | 4 replies
If you're still in college and working with an FHA loan, a duplex can be a solid option.
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15 February 2025 | 7 replies
For calculating ARV, platforms like Zestimate, PropStream, and Reonomy use machine learning to analyze market data and comparables.
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22 January 2025 | 4 replies
If you are having trouble finding a duplex, is house hacking an option?
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18 February 2025 | 9 replies
Are these changes going to help you get more bookings, or are they just making the platform more complex?
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10 February 2025 | 8 replies
BiggerPockets is an excellent platform for networking and establishing connections.
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17 February 2025 | 5 replies
They were NOT interested in our logical reasoning:(Regarding getting out of your current PMC contract, suggest you read the contract to determine your options.