29 August 2024 | 70 replies
There are so money different terms.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1148091/small_1621509600-avatar-sarahs157.jpg?twic=v1/output=image&v=2)
4 September 2024 | 2 replies
If so, what would the process look like.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2163930/small_1697213973-avatar-iliyam1.jpg?twic=v1/output=image&v=2)
4 September 2024 | 3 replies
So in short, the past six months have been quite an adventure, left my day job, started a business, and moving to AR to start my own path as an architect-developer.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3080806/small_1721501762-avatar-tiffanym273.jpg?twic=v1/output=image&v=2)
4 September 2024 | 3 replies
I keep hearing about the rent to retirement company so I watched their online video.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/430174/small_1722272660-avatar-saml11.jpg?twic=v1/output=image&v=2)
5 September 2024 | 13 replies
However, I had to pay a premium for the exchange property because the market was so hot at the time.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3097024/small_1723328955-avatar-alexs1165.jpg?twic=v1/output=image&v=2)
6 September 2024 | 6 replies
We do finance NNN properties, so we can certainly pre-qualify your next purchase.
4 September 2024 | 4 replies
It is 2.875% and so very attractive.
4 September 2024 | 12 replies
However, you have to pay back your existing lender and cover closing costs, so you would be left with $15k after you pay back your lender.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1686248/small_1621514775-avatar-jennifert145.jpg?twic=v1/output=image&v=2)
4 September 2024 | 7 replies
Property ARV: $450kTotal in: $350kMonthly rent: $4000Monthly taxes & insurance: $530[Loan 1] (via broker)75% LTV1.5% origination fee ($5062)Other fees: $1595 underwriting + $1295 processing (=$2890)Interest rate (floating): 7.25%5 years PPPMonthly P&I: $2,278Rent - PITI = $1,192***If appraisal comes back high enough, may be possible to do 80% LTV at 7.99%[Loan 2] (direct lender)70% LTVNO origination feeOther fees: $1,395 underwriting + $695 processing (=$2090)Interest rate (will not change): 7.375% 5 years PPPMonthly P&I: $2,152Rent - PITI = $1318---------------------------I really like how there's no origination fee with lender #2 so I get to keep more of the money I pull out.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2500176/small_1658250306-avatar-andrews1338.jpg?twic=v1/output=image&v=2)
4 September 2024 | 13 replies
My strength admittedly is on the administrative tasks.For those who are opposite of me, who struggle with the administrative side, would you consider a B2B relationship with a service that takes all of the tasks off of your hands, and if so what would you be willing to pay (% or flat fee).To be clear, what would be offered would be:- Listing on 15+ channels including Marriott Homes and Villas, Abnb, VRBO/, Booking.com, Zillow, coming soon Amex Travel and Hyatt, Jetblue and Allegiant Airlines, and more.- Pricing software w/ live revenue manager- Smart Lock software- 24/7 Guest Communication via platform, voice, text, email.- 24/7 Communication with owner or PM staff for maintenance or cleaning issues.