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29 May 2024 | 7 replies
Good morning fellow BiggerPockets,I just received a final term sheet from Acqua Funding with a line item called Capital Markets Fee of $2250.
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29 May 2024 | 3 replies
@J DubsIf you are not currently a remote employee, lenders are going to be looking for an offer letter in Florida, that details your start date, employment terms, etc.
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30 May 2024 | 11 replies
A comprehensive financial plan should consider both debt repayment and investment strategies for long-term financial health.Thank you!
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29 May 2024 | 6 replies
Looking at two potential ways to buy real estate for long term hold rental. property A assume the loan on a property with no equity at 6% interest rate.
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30 May 2024 | 5 replies
I just don't really recommend selling a property that you're doing well with in terms of rental income and appreciation.
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26 May 2024 | 4 replies
I'm looking for a framework of terms and structure for this scenario.
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29 May 2024 | 2 replies
I believe that list of tasks for Colorado includes:-Setting rent-Negotiating lease terms-EvictionsAnything else?
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29 May 2024 | 4 replies
The new mortgage on the new $340k duplex home which is an FHA loan is going to be a monthly payment of $2800 and we will refi ASAP (the current rate is 6.7%) when rates go down.We have done some nice improvements on the SFR and will be refinishing the wood floors before a renter moves in (July 1) so feeling like it's a great opportunity for the right long term renter and we plan to screen prospective tenants well.We are taking a $20k HELOC on the SFR for the downpayment and plan to pay that off within 12-18 months.
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29 May 2024 | 2 replies
Granted the terms I offer a lot of the time aren’t amazing (they have very low interest rates), but that’s the only way I can make deals work.