Amy Healy
Leveraging investment property equity in a Single Family Home
Hi Bigger Pockets!I'm trying to sort out my options and make the next best move now, or within a few years. My husband purchased a single family home in 2019 and were able to refinance to an incredible interest rate o...
Isaac S.
Buying personal home - financing advice
Hi everyone, I am buying a home for myself, a 650k home in the Chicago area. I have the money to put 20% down. I just want to be smart before I buy and ask is there is anything else I should consider on the financing ...
Michael G.
Commercial Lease Renewal Option - Commissions - who pays?
We have an office building with a great long term tenant, that is in a below market rates, and we're good with it because they are stable and NNN. Their lease is up for renewal, and contains one Option to renew, whic...
Saleh Saif
Fixed vs Variable rate Mortgages
Dear BiggerPockets community. Hope everyone is having a great journey in real estate so far.I have been looking for an answer for this question for a long time now, so I thought: "There is no better place to find the ...
Wendell De Guzman
Why Paying OFF A Mortgage Is NOT Necessarily Smart
For those of you fans of leverage or using the bank's money...here's a provocative blog post: Why It's Not Necessarily Smart to Pay off Your Investment MortgageWhat do you think @Brandon Turner , @Ben Leybovich and ot...
Gustavo Alvarez
DSCR Loan Prepayment Penalties
Hi there! I applied for a DSCR loan and the terms include vague language indicating they may be a penalty if paying the loan early. Is this common for these types of loans? Is there a typical minimum period where the ...
Vlad Maslov
Cash out or HELOC on rental property?
Hi everyone! What a great community! I am a first time poster newbie real estate investor form Delaware. We have one small 2 bed 1 bath rental house that used to be our primary residence, but now we are renting it out...
Keenan Patton
BRRRR Cash Out Rates Killing Cash Flow and Prepayment penalties
My goodness have rates been off the hook lately. Working my butt off to refi out of a interest only I have and the rates are crazy. I'm looking at almost 11 percent on a 5 year ARM. WOWSERS! I have the option to roll ...
Pete Harper
Portfolio Loan vs DSCR Loan
I'm looking at financing options for the potential purchase of a 6-unit apartments by my LLC. The property in question is an older 6-unit apartments. The property is fully rented. However, way below market rent. Th...
Damien G.
Best VA Streamline (IRRRL) Rate
Today I was offered a 2.875% interest rate on a VA Streamline (IRRRL) Refinance for my California SFH. Does anybody know if & where I can get a rate better than that? Is there a refinance calculator? I figured it ...