Chad Dickenson
Lender for BRRRR Refinancing before 6 months?
Hey BP Family!We've got a property under contract that we would like to BRRRR. We are doing a hard money loan for acquisition and rehab. All of the Lenders we have spoken to (3 local ones now) have said that in order ...
Walther Mendez
Thinking about becoming a hard money lender with a cashout refi
Hey everyone,My parents are actually looking at this not me. Their primary home is already paid in full (valued at $150k). My parents and I were wondering if taking out a mortgage against their home and using that mon...
Jorge Mayol
Loan: What would be the best loan option?
Help me figure this out. Back in 2021 when the rates were super low. I refinance my home at 2.1% for 30yrs. I started looking to invest right after (hence the reason why i wanted to lower my mortgage payment) and the ...
Lacey Burns
Need some advice on ARM loans
Hi there BP family,
I heard on a recent podcast episode from the guest (David seemed to concur) not to mess around with ARM loans. Can anybody offer insight into that? Whose had any experience at all with them and w...
Noah Bacon
How will interest rates trend in 2024?
On a recent episode of On The Market we have heard some of the best news all year for the economy and the housing market around inflation and interest rates. Today, Freddie Mac reports 30 year fixed mortgage rates at ...
Fiena Mohamed
Rental rates not catching up with appreciation/property taxes
Hello! I have a SFR just off Mopac in North Austin. It is rented out and managed by a property management company since I live out-of-state. Purchased in 2014, the property has appreciated by 25%, so the property t...
Tim Abrams
How to sell mineral/ land in Permian Basin
Hello Texas BP community,I'm looking to sell some land and mineral rights that I own in Reeves County, Texas. Any suggestions on the best way to go about this? I've talked to a broker who will handle the sale for a ...
Mike Koscielak
What to do with money while saving for a downpayment?
I'm brand new to this forum and I'm amazed at how supportive this community is of one another. I'm about 100 podcasts in on both Bigger Pockets podcasts and the How to Money podcast combined, plowed my way through the...
Mina G.
High DTI, Investment Property Mortgage?
Hello,I currently have 1 property (Duplex) I live in 1 apartment and rent the 2nd one for over 5 years now. I'm trying to purchase another property (Single Family) to rent out. I have 30% to put as a down payment, but...
Michael Ives
No mortgage on property but it needs to be Renovated, Hard Money Loan or Conv. Loan?
Im currently about to acquire a single family detached with Seller Financing, however the property could make for a Great flip but also a decent rental property. The minor renovations throughout will seriously increas...