Coco W.
Frustration doing cash out refi with Lima One
I need some advice and pointers, I'm very close to closing a cash out refi deal but am really frustrated at the unknown additional costs that keeps coming. Is it normal for a lender to do this without prior disclosure...
Steve Candor
Anyone Buy Condos or Coops in NYC for Investing?
I'm looking at Coops and Condos to invest in. I am looking to do some purchasing and then renting the units our and maybe resell a few of them. Does anyone else here do that? How's your experience in it?Most of the de...
James Ross
The meaning behind NOI, Cap Rate, and Cash on Cash Return
Hello Fellow Newbies!I've been doing what all good newbies do when struggling to overcome analysis paralysis, namely reading books! And while doing so, the significance of some of the terms are starting to coalesce f...
Julien Pouchon
Is TURNKEY property a good investment ?
Hi,
I am just getting started in real estate investment. I had a inheritance and placed most of it in Mutual funds. I would like to diversify my portfolio and invest in real estate, I live in New York and the real ...
Shaival Patel
CA senate bill SB584 imposes 15% tax on STR
Any insights into SB584 that places 15% tax on STRs but exempts hotels to fund housing situation? It seems bone crushing high for guests. If you were a new investor in CA market, this tax will lower your occupancy r...
Jay Hinrichs
Here is a PRIME example of those trolling internet and BP
For the education of the BP audience I responded to one of these two good to be true lenders that is trolling BP Facebook and many other sites. here is the reponse I got."Thank you for your interest. I assist real e...
Derek Gardner
Where to find best pricing for owner occupy refi on fourplex in Los Angeles 57% down
About to close a deal all cash for $1.46M and was going to get a cash out refi after to take out about $630K in cash. A friend in lending told me I'd get better pricing if I have private lender do a $630K loan, record...
Ryan Johnson
First refi need advice
Preparing to refi my first SFH I bought 6 months ago and the mortgage broker I used for my personal home came back with the following numbers. It's my first one so I plan to do 30 yr fixed conventional. Here are the n...
Marcellus Kwong
First Deal, opinions?
Hi all, I'm looking to make my first purchase out of state in Texas.This is a 4 bedroom 2 bathroom SFH that I will try to get for $100,000. My interest rate is 4.625% fixed for 30 years, and I will be putting 20% down...
Michael Myers
$25 Incidental Fee on Top of 10% Property Management Fee???
I've never had to deal with this before with any property managers. The current one that I have charges a $25/mo incidental insurance fee for evictions and things involved with that process. This is on top of the 10...