William Bowers
Residential or commercial refinancing??
Good evening, I am in in the process of refinancing one of my multi family properties (2unit). I now have a choice to either do a residential or commercial refinance. I have never done a commercial refinance. Would it...
Hari T.
HELOC Bank rates tied to indices
All,I've been looking to open a HELOC on a primary residence in CA, and am amazed at how little public information is available on good HELOC products. If you know of a good HELOC product, please provide details. Here...
Daniel Netzer
203k FHA construction loans - and use cases
Has anyone used a "203k FHA construction loan"? I am curious to know how it works and what the rate is relative to the typical FHA-conforming loans.
Daria B.
Garage floor paint/epoxy
Hi-
The garage floor has seen better days. It’s never been painted and has over the years had oil and likely gas spills.
The area is 220 sq ft (just a 1 car) and from what I see in 1 gallon cans will more than cover...
Jonathan Cooksey
Business license in Tennessee for MHP? Yes or no?
Bought a 15 unit MHP fixer upper,was wondering since I will be buying a lot of supplies in the near future. would a business license help me or hurt me starting out?
Lossa Lee
LLC and Insurance
I'll be purchasing my very first multi-family rental properties (buying two multi-family homes). I want to create LLC to protect my other assets. However, I'm a little confused about insurance. Someone suggested th...
Adam Frerichs
How to actually shop mortgages?
I am looking to buy my first home and have been pre approved by one lender. I want to shop around, but how do I actually do that. I am currently not looking at any house in particular, so should I just be asking for t...
Matthew Terry
Does turnkey exploit the 1% rule?
Hello BP Mates,
There is an ongoing debate (and I've read the majority of posts about this) if turnkey providers offer a good product for investors. I'm not here to debate this, but what I find interesting is that th...
Charles Lecky
Do Third Party Affiliates Require NMLS License for Loan Products?
I am curious about these websites like Nerdwallet or Smartasset. These personal finance websites do not directly mortgage products themselves. They provide affiliate links and reviews; they also disclose their advert...
Nicholas Jackson
First property a house hack in Saint Louis
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $180,000
Househack purchased through the NACA program in October of 2022. Tenants placed in September of 2023 at...