Autumn G.
First Lease Renewal
I’m approaching my first lease renewal. I expect to offer to keep the rental rate the same based on the market, but know when I was a renter there was always an option to go month-to-month for a higher price. While I’...
Mark W.
Evaluating portfolio loan with 3 year call
I've got a few options on the table I'm evaluating for pulling out cash via refi. One option offered to me is a portfolio loan where I can roll multiple properties into a single loan. It's a 25 year amortization, 3 ...
Chris Burke
Cash out refi rental?
I have a property that has increased a large amount and I am not sure if I should do a cash out refi as the majority of our money is in the property and the rate is super low. Property could appraise around 1.2 millio...
Marcus Griffin
1st deal loan modification help
I purchased a home sub2 that was a pre foreclose. The bank is offering 2 options for modification. I pay $14k and keep 3.5% interested rate and $1900 payment or no upfront payment put interest go to 7% with $2500 paym...
Hector Rodas
Real Estate Investing Options
Hello,I am 27 years old. Military vet with two properties using VA and conventional loan both in the state of Maryland. They are both rented out and I have interest rates on both less than 4%. I have equity of close t...
Nate Bartlett
Do all lenders charge origination points?
My wife and I are looking to invest in a single family short term rental property. We've had our fair share of hurdles since making the decision. The newest one is that our lender just told us that we will have to pay...
Travis L.
15 or 30: Which way would you refinance your mortgage?
BP Community,I could really use some advice on the best course of action for my personal home.My wife and I are in the process of refinancing our house with the goal of obtaining a conventional loan and avoiding payin...
Cody A.
With locked rate lenders not honoring full original rate buydown
Hi. I'm under contract on a new construction home. We locked rates for the loan a little over a month ago when rates were around 6%. Where with the home builders closing incentives and a little extra cash we were goin...
Caitlin Stables
Heloc vs cash out refi on current primary to purchase a STR
We own our primary with an FHA loan currently and we should have about 80k or so in equity based on comps. Is there a better v best way to go about this? We ultimately want to own a few local STR's in the Richmond/Cen...
Mike Minigell
HELOC lenders in SoCal
Hello!I am seeing if anyone knows of any good lenders to work with for a local bank in the California area . I am looking open a HELOC against my current home valued around 1.5m . I do not have a mortgage or anything ...