I have an associate in Sydney who does a lot of business in several of the South Pacific countries, and he is touting the interest rates over there. In your respective geographical areas, what is the average small hom...
Hello!I’ve been learning about real estate off and on over the past few years while finishing my education. I’ve just recently buckled down and got serious with real estate investing. My plan current plan is to find a...
Hi BP Team,I have an investor in the middle of his BRRRR and would love your input.He purchased a duplex for $1.1mm. He financed 80% with a 30yr fixed at 3.75% and hard money loan for the balance at 3% for 2years. Aft...
Hi guys,I'm new at this- What do you usually go with for commercial loans- a fixed rate or a variable (prime plus)?For example Wells Fargo offers fixed- 5.8%-6.62%, or variable prime plus so it comes out to- 5.22%-5.9...
Hello! We are relative newbies to investing with one duplex property acquired last year, but our initial investment was conidered successful and now we're looking to scale up! We do have savings to tap into, but als...
Dear BiggerPockets community. Hope everyone is having a great journey in real estate so far.I have been looking for an answer for this question for a long time now, so I thought: "There is no better place to find the ...
I understand the concept, but how does it work?fter I refinance, what am I cashing out?In what form dAoes the cashout come?Cash in the form of a check?A line of credit at the bank that can be used in any way I decide?...
I have a lead on a "subject-to" purchase where I would be taking over the mortgage of the seller. I just want to make sure I have all the closing costs accounted for so I can analyze it correctly. The last thing I wan...
I am trying to buy small commercial apartment building. I started to talk to commercial loan brokers and not sure if that is the way to go. How to know if the lenders they claim is legit?Thanks.
I am looking at purchasing my first buy and hold rental property in Oklahoma City. I have talked to a couple of mortgage specialists in attempt to determine potential closing costs to backtrack into the purchase price...