Jeremiah Foley
to refi commerical property and pay a prepayment
Hey guys stupid question, own a 5 family property cash flow is good. Bank has me at a 5.5% interest rate 10year balloon 25yr amortization but with a 3% pre payment penalty. Talking with another bank now offering me 3....
Neil Fedorovich
1st time rental investment
Hello. I just joined this group as I am looking for advice on purchasing my 1st investment beach condo. I am in contract and trying to decide the best options for the loan and down payment. I want to use my heloc f...
Tanner Marsey
Pay down primary or invest
Trying to decide what my best move is and would love BPs opinions. I am about to sell my first rental property and I should walk away with about 125k ish after all taxes and fees. I own my primary residence that I bou...
Jessica H.
Tenant Vacancy 3 Months!!! :(
Hi everyone,I purchased my first rental property, a duplex, over 3 months ago and I have been unable to fill in the vacancy. Here is the info:It's located in the northern part of So Cal, in a C neighborhood.At the tim...
Christy Philippoff
Would you take lower rent for a better tenant?
Hi everyone! We have a house we going to rent. We could get $1250/month. We have a couple that has rented from a family member of ours for the last 10 years. They’ve never paid late and kept the house immaculate. They...
William Allen
Coronavirus=75% increase in seller leads?(Here’s what I’m seeing)
Hey everyone. I wanted to share a quick update.
Nobody knows how the coronavirus is going to hit real estate investors.
But here’s one thing I’m seeing in my business right now…
The other day, I asked my team to an...
Joshua Buchanan
Need insight on flip deal!!
Hey everyone on bigger pockets, i was hoping to get some input on a flip deal. Theres a house in really great neighborhood selling as it. Looks like just tlc stuff. They are selling for 69900. Arv is prob 100k. Its a ...
Bruce Faulk
How much $ do I need to begin Hard Lending?
Hello BP,I have been searching around for a way to begin my Real Estate investing career in the NYC area and have gotten some great suggestions. Wondering if putting my limited funds to work as a lender might not be ...
Lois Stern
Being Brave to Create Success
OK - so this is NOT a DONE DEAL, but I felt I should write and share this experience.I have found [and am in process of making offer on ] a home in an area that is hopping. It needs some work so it appraises much low...
Corey Dutton
Partnering With Grandma on a Real Estate Deal a Good Idea?
One of the real estate investors I work with most frequently came to me with an idea last week. His grandmother has a free and clear mansion in the Hamptons, NY. She offered to get a cash out refinance loan against th...