John Matthew Johnston
Commercial Loans= No loan disclosures?!!
Hi I am new to commercial Loans, the lender I’m working with doesn’t wanna to put anything in writing. I asked him for a loan disclosure stating the rate, lock in period And other details of the loan. He wants to give...
Stephanie Wells
Newbie looking for guidance, Feeling discouraged
Appreciate any input! Here is my situation:
Only have 5K cash to put towards my next property. Having a hard time saving due to our current life situation so don't see this amount going up in the near future. I work ...
Taylor King
Investment Heloc vs. cash our refi
Hi smart people,I am deciding between pulling capital out either through an investment property HELOC or cash put refi. Which would you choose and why?HELOC~60k out (80% LTV)-no origination fee, $99/year which can be ...
Leora A.
Tenants still not moved in.
Lease began 4/1. Tenants just texted me and said they still have not moved in fully. They’re in the middle of trying to sell their house and have only stayed at the house for 2 nights this past weekend. They were supp...
Ricoh Glover
DFW Multifamily Investing
What's up BP fam!? I just relocated back to DFW, TX and looking to dive into the market here, ten toes down!! What's the market like here? Where are all the hot areas? How's property management around here, especially...
Angela Mast
5/1 ARM Refinance (and sell the property within 5 years)
Has anyone refinanced a 30 year fixed mortgage into a 5/1 ARM? I'm thinking about doing this to significantly lower my payments for the short term. With a 5/1 ARM, the rate is fixed for 5 years (60 payments) and then ...
Alex Smith
Automating a Smartlock on a Rental Property
I was curious as to what other folks have used for a smartlock number generator for a rental property? I have been looking at Rboyapps as well as Aurmur and was going to use a Schlage smart lock. My goal is to have th...
John Welchen
Lease Agreement: Lawyer or No Lawyer
Hi BP, I'm new to REI and just started a rental property company (a LLC). I look to make my 1st purchase in the next 2 months but have a FUTURE question about lease agreement. I like to plan things ahead so I need som...
JD Martin
What are you guys/gals paying for plumbing services these days?
Had to have the main line snaked in one of the rentals, and while they had the toilet out I had them go ahead and video the main line so we could see what kind of shape it was in. Good news was that the main line had ...
Cyndi Loving
Should I refinance?
Currently have 5.6 interest rate 30 years. My property assessment went up and now I am considering refinancing.
Bought for $80000
new Assessment 90000
Paid down to 72000.
I have excellent credit and now would have 20 ...