Hello all! First time buyer and first time posting here. Came across BP on YouTube then started reading a ton here!I have been looking for a starter home/investment property and a deal has come up that looks decent. I...

My lender is offering 4% rate for 30 years fixed and with half point (1300$) 3.875% for 30 yrs fixed. Is it a good idea to pay half point (break even in 69 months)? Or go with 4% and refi at lower rate later. If I ref...

So I have a very peculiar situation. I have been at my current job for almost a year (I work at a bank which allows for very favourable rates on mortgages and student loans) but i am currently carrying a decent balanc...

Hello BP,
I live in a duplex in San Clemente, CA and last week a Notice to Enter was left on our door. On it, it says the owners will have an inspection and appraisal done in two weeks.
I have been analyzing small m...

Greetings BP Mates,I'm closing on my 5th SFH and intend to buy a 6th soon, but this pesky thing called the debt-to-income (DtI) ratio is starting to get a little high for conventional loans. I started investing early ...

I'm in the process of refinancing my place. I have had refinanced once to get a lower rate, but I want to refi again now to get out of my PMI. My issue is that I've been in the place for 12 years now, and I feel like ...

Hi AllI’ve been offered an EIDL loan but am currently refinancing multiple properties. Does anyone know if this will cause an issue with respect to my current refinancing? Does it count as one of 10 loans as per Fann...

Investment Info:

Single-family residence buy & hold investment in Winter Springs.

Purchase price: $105,000

Cash invested: $17,000

Single family home, bought in 2010, refinanced in 2012 with cash ...

I currently have a rental for college kids and am looking to expand to more/multi tenant. I am interested in the hard money loan idea. Easy money to get started, don't need to deal with a big bank etc.  What are the b...

Over the last few days, a couple of local banks told me they "are not currently offering cash-out refinancing on investment properties due to Covid impact concerns". Have any of you heard anything similar?
Very new t...