Josh Gibson
Refinance into commercial loan?
Hello everyone, this is my first post. I am trying to wrap my head around what I am getting ready to do. So we (wife and I) currently have 3 rental homes. 2 of the homes are half paid off with about 10/15 more years o...
Jennifer Hamon
Do funds in a 401k plan count as cash reserves?
I live in a HCOL area (Boston) and am aiming to get started on a house hack next year. My situation is perhaps a little unusual in that I have a relatively new big tech job where about 50-60% of my compensation is com...
Tom Fitzsimmons
Questions to ask lender as I am I a first time home buyer
What are some questions I should be asking a lender? I'm a first time home buyer... So far I have: - Are their any first time home buyer grants I can take advantage of in my state? (I'm investing in Maryland) - Are a...
Mark S.
1st Steps to HELOC on Primary
Never in a million years would I think about “using my home as a credit card,” as some like to say. I am seriously considering looking into getting a HELOC (or similar) on my primary residence in order to use the mon...
Joshua Kohl
Landlord insurance cost
How much does landlord insurance generally cost? I read in “hold: buy and hold investing” by Linda mckissack that generally insurance is 0.5% of fair market value. I called Geico and progressive and they both are qu...
John Cho
Questions about DTI
Need some advice and some basic questions about maxing out conventional financing before resorting to commercial financing/DSCR loans for STR. Im trying to figure out how much I can afford on my next acquisition bas...
Billy Bell
Marketing with purchase agreements instead of yellow letters etc.
In a previous forum about marketing, @Steven Butala brought up an amazing technique for marketing that is direct to point and completely transparent. Instead of sending yellow letters, post cards or anything of that s...
Danny Colacicco
Investment with 12% Cap rate but not the greatest apartments/tenants
So in seeking wholesale deals, I came across an investor looks to sell two apartments with 5 total units in a decent area of Baltimore (Greektown). All of the apartments are currently being rented, however, when vi...
Josue Rivera
No seasoning period
Looking to cash out refinance out of my hard money loan. House is only season at 3months please help
Antonio Signorelli
Are mortgage delinquency rates going to increase in 2024?
Hi BP friends!
I am curious to hear your thoughts on the real estate market outlook for 2024. Specifically on whether the high interest rates will lead to an increase in mortgage delinquency rates similar to what we ...