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I own property in Ohio and California and have been refinancing several of them. I have been surprised that the rates I am getting quoted in Ohio are significantly higher than those I have been getting in CA. The Oh...
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So I have a property I recently bought as an off market deal for 145k. It has a brick house that’s a 3/1 and a small house/apartment built behind that is a 2/1. I currently rent them both out for 1900$ and month which...
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Hey everyone,So currently we’ve been in the process with a lender who has been difficult at times. One thing that bothers me is that they won’t do a “float down” unless it’s a whole percent, but other lenders allow it...
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Good evening, BPers! I am closing on my first property tomorrow! I am very excited but also nervous. The current economy can be intimidating for a first-timer. Do the experienced BRRRR investors have any advice for me...
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Hey all, I'm offering on a property (in columbus oh) and my finance guy says he can't lend conventional fixed rate because it's a non-conforming property. It's one lot, residential, with 2 separate living structures...
Hi All,I'm reaching out for tips as this is my first time considering cash-out refi. Exactly 1 year ago today, I purchased a duplex for $~348k in a fairly high rent area with a top-quality tenant pool. Put down 15% o...
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I'm a first-time home buyer interested in house hacking. I'm interested in getting a conventional loan and considering using a credit union.
With rates as they currently are, I'm looking for every angle to get the l...
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Hello BiggerPockets Friends! I just went PRO this week and decided to take advantage of all the great BRRR tools provided. I ran this report under the context of getting a hard money loan and following the BRRR strate...
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Is it even worth it to take the time, effort, and money into upgrading or renovating properties nowadays when appraisers are not even entering the property to take into account the changes you've made? It seems like t...
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I received this from one of my lenders and thought that it was too good not to share. As someone who primarily funds loans from CMBS, agency, and insurance companies I think this info is on point.Despite turbulent ca...