Newbie question here.
Commercial loan have balloon payments due in 10 years or so.
What if it's a bad environment (recession)? Will the bank typically roll it over? If you have first hand experience ple...
Hello BP Family, I recently opened my first STR property, which is owned free and clear. I'd like to use the equity to invest in additional properties and received the below loan terms from my local credit union. I'm...
Good Day All,
I'm new to this site, and I'm looking forward to networking with everyone!!!
My background is in the Financial Service Field (Loans, Investments, Insurance).
If you are a Realtor who might be inter...
Hey guys, I’m newer to bigger pockets but have been running my own home as a rental for 2 years now. I thoroughly enjoy it. I’m looking to branch out and become more profitable in the passive income business. So I’m c...
In an environment with few defined benefits, zero pensions and crappy 401ks when will we begin to value productive employees?
My sister and I were discussing work ethic. She is salaried and ask t...
For anyone who has applied for a loan through their entity. I'm a new company and soon will be looking for a loan. What qualifications do banks/lenders look for? What is a typcial amount to ask for or receive? I plan ...
Good morning, BP fellows.
I have a rental property in Indianapolis managed by a big PM company. They tell me that the tenant has paid three months rent in advance. However, they have to withhold the extra t...
I have about 5 rental units in Chicago, that I own outright, along with a lot of personal equity. I'm planning on getting more rental properties but want to make sure my liabilities are in check and that I protect my...
I own two C-class properties, no mortgage. The repair bills are high and the tenant quirks can be irritating but on average these properties cash flow positively. Many look down on such types of properties but every...
I currently own 8 rentals and I want to do cashout refi on one of them. My lender told me that I can no longer do cashout refi via conventional loan if I own more than 4 rentals.What are my options? Can I do cashout r...