Matt Sora
Interest only loans vs regular loan??
What does an interest only loan mean? And is it the best ?
Mark D.
Rental Property Calculator : Commercial Loan
I'm trying to run the numbers on a commercial using the bigger pockets calculator... the issue that I'm running into is that the "number of years" section. If the loan is going to change in 5 years do I put in 5 years...
Stephanie Martinson
Underwriting a value-add apartment syndication
Hello all,I think I found a deal! It's a 10 plex value-add apartment. I'm in the process of coming up with an offer price so I have a few things I am hoping that someone may know the answer to...1) I'm including the...
Daniel C.
Better way then cashing out 401k?
At first read, I’m sure the amount of reasons not to cash out my 401k will be many, but I want to give context and see what you guys think.
I have about 250k in a past employers 401k. My options with it are to cash ou...
Tyler Purcell
Help! How do I finance this thing?!
Hello everyone,
I am new to real estate investing and I found a place that I feel is an excellent investment for me. I currently work for a real estate appraiser and we have done extensive research on the property an...
Ralph Noyes
On Debt: Doubts, Questions
Getting ready to liquidate a former primary residence in another state and will likely clear around 100k, then looking to reinvest into a much more affordable market (st louis) where I now live. Talking to other inves...
Hunter Wilburn
How many bank loans can I get?
So I’m trying to understand then lending side of real estate. How many loans can you have under your name? Obviously investors with multiple properties have multiple mortgage loans. Do banks consider your cash flow as...
Account Closed
cash out refinance for paid off home C5 rating
Hello,
I purchased an investment home in cash. My plan was after I buy it, I would immediately cash out refinance and use 70% LTV toward rehabbing the house. I would then refinance it one last time after repairs are ...
Bridget Ariel
How To Structure This Investment Partnership
Two investors are buying a warehouse. One investor is investing 1.3M cash and the other got approved to put in the remaining 1.3m through a hard money lender. The loan is secured by a first trust deed against the prop...
Drew Slew
Should I buy my second house w 30k in bank?
Financial picture: I live in the NYC area, union city area. Just bought my first house, around 150k in the summer. 3.5% 30yr fixed mortgage, 780 total monthly w tax, plus HOA. I rented room so live free. New money has...