Isaiah Bellah
First home. Is this a good investment?
My wife and I are small business owners and are looking buy our first home. We plan to live in it for one year and then rent/airbnb it out. We are using an FHA and putting 3.5% down plus we have an appraisal gap of 1...
Josh Kliethermes
Lender Search - Things to ask / look for
Hi BP!I am beginning my lender search. I have talked with a few agents and gotten recommendations for lenders in my area. One of the first things the lenders try to do when opening conversation is trying to get me to ...
Lam N.
Anyone have experience with sprout mortgage?
https://www.sproutmortgagedire...Not talking about sprout financial. I'm talking about sprout mortgage direct. Anyone has any experience with these guys?
Trevor Schmitt
STR cleaning fees
Hello BP crew!I am seeking opinions and advice from those who have some experience/knowledge with strategies around the cleaning fees charged for your STR. Currently, I have 4 STR listings on AirBnb... my occupancy is...
Doug Davis
Loan terms - what do I need to ask?
I'm no expert when it comes to loans. Below is what I got from my credit union. Is there any thing below you would ask more questions about or be suspicious of? Seems like relatively good terms to me, but I don't k...
Fred Thomas
What refinance rates are you currently seeing since the New Year?
Just curious to what Occ Owner Occupied refinance rates everyone has been getting since the new year. Haven't seen a thread like this in a bit.
Please indicate if it is a cash out refinance! Also indicate if you boug...
Linda Roberts
Can I charge for breaking the lease?
My lease states that if a tenant breaks the lease and moves out early, they must pay a penalty equal to two months' rent. One of my tenants broke the lease and moved out. I put a lot of time and effort into finding ...
Matthew Wright
BRRRR Strategy using commercial loans for 1-4 unit properties
Does anyone acquire rental properties thru BRRRR strategy, using commercial loans for 1-4 units and does it work well? Talking with my commercial broker, it sounds like it would be a nice flexible way to build up my p...
Donna Martinez
CA SB 644 - FULL refunds & AB-537 -Rates & Fees disclosure- July 1, 2024
Short term rentals will be required to refund full price beginning July 1, 2024 (for all bookings made prior to that date). Currently I have written in my contract the following:
A flat fee of $125 is charged for ev...
Jason Bott
If you have or need Flood Insurance - FEMA Raising Fees and Rates April 1 2015
For investors who own or looking to purchase properties in a Flood plane, make sure to factor in these future premium increases FEMA will implement April 2015. These costs are in addition to the rates currently being...