Abhilash Joseph
Thoughts on lender offer
5% for 30YR on a cash out refi with a 690 Credit score..Is this typically this high for an investment property? My current rate is 5.25% @ 15 yrs...Any ideas or suggestions is welcome
Peta Walker
HELOC vs 401K for Down Payment
Hello, I am a new investor with one rental currently. I took out a HELOC on my rental but with interest rates so high, does it make sense to use my 401K to fund my down payment instead of the HELOC? Please help!
Vinny Incognoli
Are Interest Only Fixed Rate Mortgages good for refinancing ?
Looking to refinance my non-warrantable property to pull out the equity. I was offered a 30 year fixed at 5% with a Interest Only Fixed Rate Mortgage. Has anyone had experience with this type of product? I know it is ...
Jestin Sorenson
Looking for commercial cash out refi on a brrrr
I'm looking to do a cash out refi on a four plex. I bought under an illegal contract for deed subject to the existing financing. I put $5000 down and put $122k into the property so far. I've converted all the units fr...
Kim Hopkins
Refinance with Life Insurance Companies - Negotiation & Terms
Hello!We are looking to refinance two of our industrial buildings and we are considering using a broker who works with life insurance companies. The terms are very good - 15 year fixed (almost unheard of for these typ...
Jared Aquino
Property Management Recommendations
Hey BP San Diego,How much should I expect to pay for a property manager (as a percentage of the rental income) to manage a property in San Diego? I am currently the owner occupant of a townhome in Central San Diego an...
James Morgan
Taking over a Mom/Pop Property Management Company
Hey Everyone! First post. I'm super new to the real estate world so please forgive my ignorance.
So I just started working for my parent's property management firm and things seem to be done super mom and pop style ...
Magesh R.
MF prop evaluation
I am looking at a potential 10-unit MF deal in Columbus, OH. Now, I have read about NOI, CAP rate etc and evaluating the purchase price based on cap-rate. But as I sat down with a spread sheet to plug the numbers in, ...
Gabe G.
property managers , lease up fee?
Do all decent property managers charge a "lease up" fee. Most I have talked to seem to charge 1/2months rent on renewals, and 1 month on new lease ups.
Is that the best you are getting? Obviously the renewal ...
Nick Larsen
Interviewing a Hard Money Lender
Hello BP people! I am wondering what are some good questions to ask and things to look for when interviewing a hard money lender?