Jack B.
What are the risks of DSCR loans?
19 January 2025 | 9 replies
This means that if you pay off the loan too early, then you'll pay a 1-5% fee off the loan amount. paying off the loan early means you either refinance or you sell the property, both would trigger a prepayment penalty to the lender. that being said, you can choose your prepay options, 5yr usually giving you a better interest rate by like a 0.25%, 3yr being most common and standard, and a 0,1,2 yr where you can buy down the prepay to be less years. meaning you pay 1% upfront of the loan amount to get a 1yr prepayment penalty so you're free to sell the property or refi after 1yr.
Chad Jones
HELOC to fund a rehab?
28 January 2025 | 11 replies
Feel free to reach out if you need any assistance or have any questions!
Allen Masry
what happens to 500k
23 January 2025 | 26 replies
But it seems like 'nothing' comes for free.
Wiley Hood
Are DIY cost segregations a good idea?
12 January 2025 | 28 replies
Most cost segregation firms will provide a free cost/benefit analysis quote to help you determine if the tax benefits from the study will outweigh the costs.
Sean Mattis
Best Text Blasting Service?
13 January 2025 | 5 replies
I have been looking as well and have started free trials for both JookSMS and EZTexting.
Josh Lansberry
Time to get started
9 January 2025 | 5 replies
Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.
Rachelle Bertumen
Newbie to AirBNB
20 January 2025 | 9 replies
There is so much free content out there that can teach you about guest services, software, vendor management, and so on.
Brett Coultas
New member introduction and host financial question
21 January 2025 | 8 replies
If you ever have any questions as a new member feel free to reach out I enjoy helping.
Breeya Johnson
Growth Markets in 2025 - Where are you investing?
7 January 2025 | 22 replies
Limited inventory typically drives up prices for both rent and equity, as high demand meets low supply.
Ian Russell
1031 exchange question
15 January 2025 | 3 replies
And then do a cash out refinance of the debt free property.