Greg Worzalla
HELOC or Refi to finance?
With the low refi rates out there, I'm wondering if this is now the better option to finance my first time rental property. Needing $40K for the DP, if I use my current HELOC with a 3.75% rate (assuming it says aroun...
Selena Walsh
Vacation Rental Market in SW Florida
Looking to assist my parents in investing in a vacation rental in SW Florida (Cape Coral, Punta Gorda) to be used for personal use in addition to vacation rental. I own three short-term rental units in MN so familiar...
Wei Li
Yield curve inverted into recession
Hi, so recently there was a 10-2 yield curve inversion signaling a recession in 12-18 months time frame. My question is if a recession is coming that means to central banks will cut rates and therefore mortgages would...
Stace Riley
Using Fund and Grow to help with Turn-key start
Hello BP community!Need some feedback on our funding plan to get into long-term rental investing. We want to build our portfolio with rental properties, but need to work with turn-key companies out of state as the loc...
Ricky Lopez
Possible Deal?
Hello to everyone,
I received a call from a direct mail letter recipient. The owner is looking to move from the area and selling one of his rental properties. He has advertised on a website, not a realtor,asking 55,0...
David Slovak
RE Loan Question, 4% interest vs 5% with paid down payment
Hi,I am currently in the process of purchasing my first home and have just completed some of the pre approval information. I was given the option to choose a 4% down payment loan without help paying for closing costs...
Jerry Travioli
IRR formulas when paying cash (SFR)
What is a good formula for IRR. and how do you handle the IRR formula when you are paying cash for a property? When paying cash, what are good IRR results, and for what timeframe (5 or 10 yrs)?What are typical appreci...
Francis A.
Refinancing - credit ramifications of moving a mortgage to another lender
Hi,I have been wondering about this. When a lender (Finance company # 1) issues a mortgage and then turns around and sells it to another lender (Finance company # 2). Does your credit take a hit if you were to take th...
Justin Steward
Financing from Canada
Hi i have an investment possibility and might be able to get financing from a private lender (a family member) in Canada. Does anyone have experience or advice on how to protect the lender and the borrower from excha...
Corderos SMith
First Time HomeBuyer
Longtime reader first time poster. So my finace and took the first step towards purchasing a home. We recently got an estimated FHA loan approval for $125,000, our lender said she can use a tsahc (Texas state affordab...