Tom Rottler
Need help analyzing deal
I have an opportunity for a small mixed residential/commercial property in a college town. Two apartments up on annual lease and 1 pizza franchise downstairs on a 5 year NNN lease. 5 year old property. Need some BP ey...
Mike Hoefling
Cash out REFI on 3 Family
I am looking to do a cash-out refinance on one of my 3 family properties in Worcester, MA and am seeing alot of lenders only offering 70% LTV on a Cash-Out. Is that what everyone else is seeing? Any local banks that l...
Gustavo Gonzalez
Lender is asking me to refinance after 1 yr in a 30 yr mortgage
Here is the scenario. My lender for a triplex that I acquired February 2013 contacted me and asked if I would be willing to refinance my current mortgage to the exact same terms and they will cover all the costs o...
Devon Young
How to Recognize a Good Deal?
I realize this question has been asked and answered many, many times.However, I just want to know how to recognize a good deal, more specifically in my situation.I am looking for my very first investment, my idea is t...
Greg Snell
Commercial Multi Family Purchase
I have come across a 13 unit bundle of 3 properties that I would like to purchase. I don't know much about commercial loans/buying process and how it differs from conventional, hoping someone could help me out. Are th...
Kevin Piercy
Does Buying Points Make Sense Here?
Hello everyone. This is my first real post / question so please be gentle :).Basically I want to know if my math on break even point for purchasing points with a refi is correct and if it makes sense to you guys. So h...
Michael Dunn
a VA refinance WITH a VA purchase ......
Good Evening,I have a question please , regarding the use of my VA Loan for FIRST a refinance on my Primary residence ( which was purchased using an FHA loan ) , and then when I can SECONDLY us my VA loan again for th...
Marc C.
Interest-only long-term financing: Does it make sense to you?
I've been approached by an Albuquerque investor who is willing to offer interest-only financing for long-term, buy-and-hold, projects in New Mexico and surrounding states. What is your opinion of it? Would it make sen...
Jenna Bamlet
Property manager gone wrong
Hello BP friends. I'm posting for some advice. I entered into a contract with a property manager.. long story short (if you want more details just ask) my PM terminated the contract via text. PM words "You are release...
Ibrahim Yamini
Should I use a HELOC like this?
I’m pretty sure this question has been asked before, but I wanted to be specific.As I’ve studied books and members on this site, I think I have a better understanding of how to move forward but I need to make sure.Bas...