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Results (632)
Emmanuel Ola Urgent Advice Needed: Choosing the Best DSCR Loan Option Before Closing
6 September 2024 | 4 replies

Hello,
I am in the process of purchasing a property for $160k and plan to put 30% down with a DSCR loan over 30 years. My goal is to pay off the loan within 5 to 10 years.
I’ve spoken with a broker and received the ...

Jared Virgadamo Sell or Rent our house
14 November 2022 | 12 replies

My wife and I are newer to BP and real estate investing. We currently own a home in Clovis, Ca which is in decent condition but has some issues. Probably the biggest issue is we have something called "skip sheeting" r...

Kelvin He Should I refinance? Investment or primary?
3 May 2022 | 13 replies

Current properties:
Investment (Value: 550K, Mortgage: 225K, Int Rate 4.5%, (-$200 Cashflow))
Primary (Value: 600K, Mortgage: 285K, Int Rate 3.5% ($0 Cashflow, and I live in it for free)
Goals: Increase net worth, ...

Nigel Dixon are these loan terms bad or good?
26 April 2016 | 6 replies

I have been recently using some private money with the terms as following:5 Year Interest Only with ballon payment due at end of loanNo prepayment PenaltiesWill Loan up to 70% of the appraised value of the homeNo Cred...

Trellis Alexander I am new to forums, at I on the right track?
1 September 2019 | 4 replies

Im 23, single, just moved out my mothers house for the first on my own and learned about BP. I’m currently saving up at my warehouse job. Staying on top of bills, building credit. I learned so much these past few days...

Marcus Auerbach Winter stroms and other things to be prepared for
30 December 2022 | 9 replies

Woke up this morning to -9F and howling winds, turning my phone on I learn we have 2 tenants in Milwaukee with heat out.Having a furnace go out is during winter is a major inconvenience during "normal winter weather" ...

Account Closed Owner owes more than appraisal
13 July 2016 | 6 replies

Hello BP community, I have a coworker who is going through a FC. The problem is that he owes more on the home than what the home is actually worth. The bank wants him to put up 80k to stop the FC. The home is worth ab...

Sean Ade First time investor
23 October 2018 | 8 replies

 Hey BPI'm planning to buy my first property in the near future and am looking for some investment tips. I've narrowed my options down to two choices.1. House hack a single family ADU or Duplex in the Portland, OR are...

Peter McLeod Real Life Scenario help
22 April 2021 | 2 replies

I need to play out current sell, refinance, hold scenarios for my current portfolio.
I own 2 homes. I bought them 6 and 3 years ago. I’m 31 years old, single. My first and primary residence is a 2/1 worth $230,000 an...

Alyssa Kobza Choosing a College Major
30 May 2017 | 4 replies

Hello everyone! I am currently a college student going into my junior year of college. I have had a rough time picking a degree but I am now very interested in investing in real estate. I want to work for myself as op...