Arthur Hawkins
Trapped paying PMI. refi doesnt help with current interest rates
I bought a condo in 2017 using an FHA loan. I missed the window for a low-interest rate Refi. Now, refi increases monthly overhead even when removing PMI. What should people do in this situation? What are the options?...
Wesley Myers
Portfolio loans, any drawbacks?
I’m currently working with a lender on a Portfolio loan for my 2nd STR. Rate is great (considering market) with 15% down 30yr fixed on an investment property.
I’m not too familiar with these types of loans and it ap...
Giman Kim
Cash-out refi to buy a new home
Hi, As interest rate is dropping with impending federal reserve's announcement next week, I feel like this is a good time to tap into equity in my investment property in Cambridge, MA 02141 and maybe purchase another ...
Ryan Guffey
Primary cash out refi, HELOC, other first time investor options
I'm looking to start investing in the Kansas City area. I was looking to refinance my primary residence before I started looking at real estate. Now I'm looking for the best way to start investing, here are some of th...
Johnathan Le
No Cashflow Northern VA
Hey BP,I've been eager to enter the real estate market for a while now and have been a dedicated fan of BiggerPockets for years.I visited a 1-bedroom condo in Ballston yesterday, and it has a small den.After researchi...
Bans Sharma
Urgent: Need advice on choosing DSCR loan option
Hello,
I am in the process of purchasing a property for $1.17M and plan to put 25% down with a DSCR loan. My lender said it would be best to go with DSCR instead of conventional loan. My goal would be to either refin...
Dallas H.
5/1 arm or fixed rate
With rates set to increase in which option should I get for my rental property loan? I plan to hold for at least 5 years-10years.
I can get 5/1 arm at 4.25% or a 30year fixed at 5%
Jeremiah Lee
Interest rate comparisons, which is best way to go?
If I were purchasing a SFH as my first investment property outside of my primary mortgage, Is one of these options clearly a better way to go? Assume if I only put down 20%, i'd use the remaining cash to save towards...
Account Closed
Buying Foreclosures - Subject To & Lease Options
When you are considering buying pre-foreclosures (that's what they are called before the auction) you have to have some money to bring the loan current, give moving money to the seller, pay closing costs and make paym...
David Goswick
Owner Financing Popular 2022 Going Into 2023
Like my title suggests, I wanted to create a forum to see what everyone's opinion is on Owner Financing during 2022 and going into 2023. Do you see more owner financing options than you did during the low interest rat...