Roy Mitle
Rental ARMs vs 15yr/30yr
My mortgage broker is saying that the rate on rental Fannie Mae ARMs is very bad compared to 30yr/15yr fixed. While the latter is only 1/4-1/2 point above owner occupied house, the former is 1 point above.I am looking...
Tim S.
My first rental property
I currently live in a 2 bedroom SFH purchased for 36k (bank loan of 30k and 6k down payment).
I am now interested in purchasing another similar home except with 3 bedrooms. I will again be using the bank to finance t...
Debra S.
Flex Option Contract vs Option to Purchase Contract
Hi, not sure if I'm in the right section, but I've been reading about the "option to purchase contract" and recently heard about the "flex option contract". Are these the same thing? The language looks similar, but...
Fateh Ahmad
Seeking Advice on Deed Arrangements as a coborrower for parents
Hey BiggerPockets community,
I hope you're all doing well! I'm reaching out for guidance as I embark on purchasing a new home for my parents. Here's a bit about my situation:
Last year, I bought my current house, an...
Don Taylor
PML vs Traditional Bank
What are the key differences in approval times and application processes between private money lending and traditional bank loans?
Henry Lazerow
The power of monthly furished bedroom rentals!
Brokered a client this 5br 2ba house in Portage Park neighborhood of Chicago but the cheaper less nice side of town for $350,000. He put about $40k in rehab and ended up renting monthly for $1500 master and $1000 each...
AJ Smith
🚫💰How to Overcome Lack of Capital as a New Investor
😔 Are you a new investor struggling to get started or scale your portfolio due to a lack of capital? 🤗 Don't worry, you're not alone. Lack of capital is one of the biggest obstacles for new investors, but there are se...
Jose Bernard
Key Benefits of my recent seller financed purchase
Seller financing is a great option for both buyers and sellers in the real estate market. This is when the seller provides a loan for the buyer to purchase the property. It offers benefits for both parties and is beco...
Tyrell Proby
Do We Still not know What Hard Money Is?? I'll put it like this!
To give you the easiest version to understand. Hard money is a type of short-term loan that is used by real estate investors to finance investment properties. Unlike traditional bank loans, which are based on the borr...
Sean Bramble
Thoughts on 10 year I/O in today's environment?
Hey everyone - I'm going under contract today on my first deal ever! Property is right outside of a Natl Park in CA, and we'd like to use it as a full-time STR/ AirbnbI'm comparing DSCR loan options today (no DTI - DS...