Roy Mitle
broker saying you can't do 5/1 on non-owner occupied
for owner occupied conforming loans it seems the rate difference between 5/1 and 30 yr fixed is ~.75% -1% ( I am talking about no-point no fee)I was thinking the same differential will apply for non-owner occupied. I ...
George Liu
Credit unions vs. banks vs. brokers
Looking to do my first MF deal, but there seems to be a wide variance in rates - anywhere from low 4s (brokers, but charge an additional closing cost) to high 6s. Where are folks finding the best combination of rates...
Michael Heisterkamp
Mortgage payment strategies
There is a mortgage payment strategy that says to pay half of the mortgage payment on the 1st/15th of the month and the 2nd half on the 15th/30th depending on the due date of the payment. This reduces the amount of i...
Brad Jacobson
How to Vet Property Management
Hey BP Crew,What are your go-to questions and tactics for interviewing and vetting property management? Aside from the cost, how do you determine how well a property manager will perform?I've gotten a few referrals f...
Andrew Matthews
Choosing a lender - whats the difference?
Hi folks!
Looking to purchase a new home in Nevada and I am curious about the lending portion of the process.
What is the difference between lenders? It seems like they all offer similar rates, similar processes...
Christian Morrison
3.5% Down Rent Investments
So I want to start making offers on some houses around town for rent investment properties. I'm not too brushed up on how mortgage loans work. I've heard of this mystical 3.5% rule tossed around, and was wondering wha...
Wil Reichard
Should I give up trying to refinance?
I have been struggling to find someone to refinance a fully tented industrial building of mine. I was originally looking for a 75% loan to value. For a reasonable interest rate, knowing today’s markets. I’ve been told...
Franky Juwana
How do you structure a loan note to flipper
Hi all, I've never done this process before so any input or suggestion would be appreciated. I was presented to these deals, I deleted the address just for privacy purposes but I spot checked in zillow, the estimate v...
Christen G.
Eviction Lab by Princeton
Has anyone seen this yet? Pretty interesting.
https://evictionlab.org/
Dan Klein
Property Manager or not?
we've used a property manager for the last 6-7 years and have been satisfied. But starting to look at all cost in addition to the 10% management fee and beginning to wonder if it makes sense to look at alternatives. I...