George Fejokwu
Student rental 10 months lease issues
Hello biggerpockets, I have had this $300 a month cash flowing student rental since last August. Great tenants! The problem is all three co-signing parents insisted on a 10 months lease. I was pressed to go ahead, sin...
Alex Nameishi
Questions regarding cash out refi on my rental
Hey guys,I bought my 3 unit rental 3 years ago for 505k. I put 5% down with an fha loan at 2.4%. I’ve done a good amount of rehab myself and modernized the units. I live in one of the units and rent out the other 2. I...
Rob Tennyson
STR 2 cleaners: 1-$140/project 2-$250/project. What do I charge?
I have a new STR in 29 Palms, CA and I am using Turno.com for my cleaners. My primary cleaner charges $140 per project but my backup cleaner is $250 per project. The average charge for cleaning fees in this area I've ...
Taye N.
Have equity in the house but can't refi the house for lower rate.
So currently my parents house is worth say, 525k and they owe about 260k. So the equity is about 265k. My dad makes about 45k he claims for his work.His current interest rate is 5.5 percent. He wants to refi to get a ...
Sean Moore
Quick question about Investment property Interest rates..
Would anyone happen to know if 7% the current going interest rate for investment properties financed through mortgage lenders /banks? I was told by a mortgage broker that's the best he give us with an 830 credit score?
Heather Hall
DSCR Loans/ Hard Money Lenders
Hello,I have been reading through the Bigger Pockets Forums to hunt for your good and bad experiences with DSCR Lenders. We are looking at a 30-year fixed for a Single Family STR , but we are open to suggestions re: ...
Greg R.
HELOC 5/5 ARM - too good to be true? What am I missing?
Hi all - I'm looking to pull a HELOC to finance first property / properties out of state (I'm in Cali). Have about $400k in equity in home and considering starting with $100-200k HELOC to have funds available, and to ...
Raza Rizvi
Owner to conventional financing
Hello Community,I'm seeking guidance on refinancing a property with an owner-financed loan that's nearing its maturity. Despite the loan balance being relatively small at just over $100,000, the property's value has s...
Alipate Moleni
Accurate Crime Stats
I've been looking into a few cities to begin investing in real estate (buy n hold). A few websites list Cleveland OH as one of the best cities for investors for a number of reasons. One of my concerns is the crime rat...
John Stella
How to lower mortgage payment?
Have tenants renting our old new mexico home currently, but charge them the exact mortgage, so there is no current flow. How would we go about getting that mortgage down to keep rent at same rate, and start to profit ...