Brandon Handel
Do you use commercial loans?
21 July 2018 | 4 replies
On Commercial notes from community banks and credit unions you may notice that the loans will balloon at the end of the term period and often times the term is shorter than the period they amortize for your monthly payment so at the end of the term you're left with a sizeable balance to payoff or refinance again.
Charles Chang
Thinking of Doing a 1031 on two SFRs to Multi-Family
24 July 2018 | 23 replies
Condo communities are not FHA approved for many reasons.
Tom Hertel
Shorter Amortization Schedule for Longer Fixed-Rate Period?
21 July 2018 | 5 replies
I will give you some examples of what I have negotiated on current holdings and also am in discussions with a much larger project that includes a national lender.Local community bank refinanced December and then again in June both 7 year fixed money.
Joshua B.
Should I pay principal towards (Mortgage, Auto, or Solar Loan)
23 July 2018 | 14 replies
Solar, then car, then home.
Dylan Ingham
How to determine the value of a neighborhood?
21 July 2018 | 1 reply
Hi BiggerPockets community!
Brandon Lewis
BRRRR Strategy tips for beginners
21 July 2018 | 0 replies
Hey Bigger Pockets Community I'm looking to utilize the BRRRR strategy as my vehicle for investing in real estate.
Drew Y.
Its beginning to feel a lot like 2005 everywhere I look
9 June 2018 | 98 replies
its certainly happening in the bay area.. in Portland we are just about at our 07 peak so it stands to reason just with inflation that we can see new peaks 11 years later..I mean when median price point in Portlandia was 120k in the late 80s .. it was not going to stay at 120k forever just like now with our median over 300k and in the peak it was right there .. it can make new highs, at least I am thinking so.also much more equity coming into the market than what was happening in 05 to 07 were every one was so focused on 100% leverage you know OPM refi to you die.. max equity.. what I see now in my new home communities are buyers aschewing max equity.. don't want to pay PMI and are putting 10 to 20% down and in my last 23 homes community we sold 3 for cash.. at 450k each.. that was UNHEARD of last go around.. so in my mind whatever is happening today has stronger foundation for a longer run.then you take all these folks buying rentals.. and I see it every day on my HUDS that I am signing all over the country.. and its cash sales and 20% down or more.. now BRRR has come back that is 100% financing .. but its limited.. were as in 05 ish that was 95% of how people were buying rentals in the mid west.. so very few had any real skin in the game.. as compared to today..
Sanjeev Kaushik
How to find out of state Real Estate agent
3 August 2018 | 12 replies
Looking for help from BP community on how to find out of state Real Estate agent who are willing to help.
Chris Rendall
Know any good contractors in Midland, TX?
27 June 2018 | 5 replies
Hello BP Community!
Account Closed
What to do when you don't qualify for conventional loan?
6 June 2018 | 11 replies
If the Bigger Pockets community has any advice to offer, I am all ears.