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...
Megan Hirlehey
Pay interest on a HELOC if you don't use it?
I applied for several loans (HELOC and Home Equity) for a deal I'm trying to do, got approved for both types, narrowed it down, decided to go with the HELOC (interest-only minimum payments for the first 10 years) for ...
Ryan Anderson
Please Help Me Evaluate HELOC options!
Hi BiggerPockets friends!
I am currently shopping for HELOC lenders for my primary residence in the hopes of leveraging the HELOC for real estate investments. I've spoken with several lenders so far, and am trying to...
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...
Shahil Keshav
Additional payments on your rental property mortgage
Hello All, Any strategies on how to approach making additional payments towards rental property mortgage? Monthly extra payments?Lump sum payments once a year?Start a high yield savings account, CD, money market and u...
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 ...
Devon Harris
Vacation home Loans- 10-15% down vs. DSCR
Hello Bigger pockets members. Anyone have advice on mortgage lenders that provide 90%LTV in Ms for a vacation home loan?
Steve LeBlanc
Seasoned investor without W2 income seeking loan products
I'm a seasoned investor with a modest cash flowing portfolio ($2.8M value, $200K annual gross income) and capital in the bank. My wife and I have left the workforce and consider ourselves retired for the time being. ...
Craig Lawrence Jr.
Apartment Syndication GP’s
Has anyone have a really amazing experience with an apartment syndication GP that they can share? How much did you invest? What were your returns? Were you paid distributions quarterly or monthly? What were the fees? ...
DeAndre Mason
Cash Out Refinance
Hello BP, I bought a duplex and renovated it too to bottom and now have it rented. I am looking to cash out refi however my current mortgage servicer has high origination costs to do the refi. I found a local broker t...