Hi,I live in TX and I'm looking to buy a rental property. I'm finding that a lot of real estate agencies also own rental properties/invest their own money. It seems like there could be a conflict of interest (e.g. the...
BP - so I have 15 SFR’s and planning on buying 10 more. I am tapped out on FNMA so I secure a commercial lender out in CA (I’m in TX) with a 7% 5/1 ARM. I have tried lending one and they were about the same.Any good s...
Soft Money Lending is a new form of borrowing that exists somewhere in between Hard Money Lending and a traditional mortgage. As a new type of lending program, Soft Money Lending is perfect for first time investors in...
Hi everyone - I wanted to get some thoughts on refinancing my first property that I purchased in Chicago in July 2020 (it is a 3-unit building and I am living in 1 unit). I financed the property using (i) a convention...
Hello BPSeeking advice on what to do with my LLC rental property loans, which are due to reset in the next few years. Currently all are 5 year ARM no balloon and 30 year amortization. The reset rate for next 5 year...
Hi All,
I Track all Foreclosures in the Greater Los Angeles and Orange County areas. Not Pre-Foreclosures but the properties actually going to sale.
I do not sell my system I...
Hi I am new to commercial loans and I was wondering if i could get
some help telling me if these numbers look ok. A little background, we
went the commercial route because we are running into DTI issues.
THE NUM...
Hi RE gurus,I've finally mustered up some courage and decided to get into RE investing. In prep for that: I have about 50% equity in my home (value 2Mil+) - and I have the following cash-out refi options for the remai...
Good Afternoon BiggerPockets Family, I have a few questions in regards to refinancing my rental property, I currently have under my LLC. 1. Can I refinance my property which is currently under my LLC to my personal na...
Have equity that I would like to pull out of my rental property. Quotes rates of 6.76-7.25.
The lower rates are ARM and will give me 80% LTV. The higher rate is conventional at 70% LTV, estimated closing costs arou...