1 September 2024 | 5 replies
But I don’t have original lease.
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5 September 2024 | 4 replies
@James McGovernI guess everyone on this platform who invests in real estate is greedy.
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1 September 2024 | 10 replies
I am looking to buy again in the next six months.Here’s the situation:I own a home in San Diego, currently worth about $1.05 million once the ADU is built.I owe $680k on the mortgage at 4.25%, with monthly payments around $5,500.The property generates $7,500 in monthly income: $5,200 from the main house as a vacation rental and about $2,300 from the ADU as a mid-term rental.My broker is advising me to do a cash-out refinance and switch to a DSCR loan, then move the property into my LLC.I’m hesitant because current interest rates are around 8%, and I was originally considering a HELOC due to these high rates.Given the high rates, would you recommend sticking with the HELOC, or does the DSCR loan make more sense in the long run?
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2 September 2024 | 8 replies
As for fees, you should consider origination, processing and late payment fees. 4.
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29 August 2024 | 14 replies
There is a syndication in which my wife and I would like to invest alongside with another couple.
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4 September 2024 | 6 replies
However what I found to be the most effective is working with realtors within the investment space.
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4 September 2024 | 3 replies
Global Property Guide is a great first resource for international real estate investing, @Brandon Camarillo.
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30 August 2024 | 1 reply
Hi everyone,I live in California and I'm considering investing in real estate in Shreveport, Louisiana, especially since there's been recent news about the popular musician 50 Cent investing heavily in the city.
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1 September 2024 | 4 replies
Hey BP fam,I have a quick question: Has anyone had experience with a Residential Mortgage Loan Originator (RMLO)?
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4 September 2024 | 1 reply
I anticipate that late fall and early winter could present some good opportunities for those looking to pick up short-term rentals (STRs).One thing to keep in mind, as with most markets right now, is that return on investment (ROI) isn’t going to be sky-high.