Kara Courtney
OKC Investment Funding Under $80,000?
I am getting ready to purchase my first rental property in Oklahoma City, OK and I’m looking at an home that is priced under $80,000.I plan to put 25% down to get the best rate.I’m from California and haven’t run into...
Walter Ellis
Bought a 24 unit complex 2 years ago Rehabbed and ready to BRRR
Bought a 24 unit complex 2 years ago. It had been foreclosed on and was empty and trashed. Now it has been rehabbed and is at 90% plus occupancy. Would like to refinance from local bank at variable rate to a perman...
Jerryian Francois
[Calc Review] Help me analyze this deal
View report
*This link comes directly from our calculators, based on information input by the member who posted.curious to know how my fellow bigger pockets members feel about this deal I recently closed on duplex wi...
Joanna Golden
Getting a loan for under 40K and a decent rate in Ohio!
Anyone else having a hard time finding back that will even loan for under 40K SFH? I have excellent credit a great job and money in the bank - I'm looking for a 5%-ish interest rate but banks seem to not want to lend ...
Darius Wade
What do you do if you can no longer BRRR?
I bought my first property in February of this year with the intent to utilize the BRRR strategy. I acquired the home as a primary residence while house hacking for the year at a 6.25% interest rate. With the increase...
David L.
Given equal numbers, would HELOC vs Cash Out Refi be the same?
So, here's what I mean:For simplicity sake, lets say both a HELOC and Cash-Out Refi have the same rate and I'm ignoring any closing costs. If I paid the same amount of money in the same amount of time, would either o...
Glenn Driban
How to make money with cap rate lower than current interest rate.
I live in a market with typical cap rates < 3%. Given current 6% plus interest rates and need to secure financing on any property I would purchase, how is it possible to make money? In the case I've described, the ...
Mary D.
Why would I use Quicken Loans? "Rocket Mortgage"
Ive been re- looking at all finance options for flipping and multi units. Banks, Portfolio Banks, Local Mortgage Companies, Nationwide Mortgage Companies... Ive used banks, local portfolio banks, credit unions & l...
Brandon Curry
What are my options when my escrow shortage causes higher payment
I just got an escrow analysis from a new lender (transferred about a month ago) and there is an escrow shortage. The property is in South Carolina. (Columbia, Richland County) The increase would case the payment to go...
Levi Perl
Realistic to raise rents from $825 to $1150?
I inherited tenants in March 2024, who’s lease is ending in October 2024. They are paying $825/month. It’s a mediocre but not killer deal for me to not renew lease, rehab and rent to new tenants, as I’ll make only 8% ...