Shane Klackner
loan closing cost expectations
BP!Working on my first duplex deal. I am shopping around for conventional loans and am curious what I should expect as far as closing costs. What is typical in Colorado? Is there a basic percentage I can work off o...
Alejandra Roca
Loans with no interest rate cap? Too much of a risk?
It's our first time applying for a commercial loan. The bank is offering 6.5% 15 year loan, where the first five years are fixed, but after that it becomes a variable rate. The caveat is that there is no cap on the ra...
Jim Tiernan
Time to move some equity?
The market has had a nice little run since my last re-fi, and I want to investigate moving my new equity to more higher ROI. Of course I really don’t want to touch the low rates I already have. Are second mortgages wo...
Joseph Duenas
Questions on Financing a 4plex- Down payment and Interest Rate
Hello. I'm looking into purchasing a 4 plex. Was hoping to get some answers on a couple of questions:1. I'd like to purchase the 4-plex with a Freddie Mac loan. What kind of interest rate will the bank give me, and w...
Rendy Richiez
Your property start to appreciate from the purchase price?
When you buy a property does it start to appreciate from the price you bought it? If yes does it has a top and final appreciation price?. Newbie here!!
Manuel Salce
Seeking Guidance After Fire Damage in Lehigh Valley Area
Hello BP fam,
I hope this message finds you well. Unfortunately, I'm dealing with a challenging situation – one of my units recently experienced a fire, resulting in severe damage. I'm reaching out to this community ...
Account Closed
Private Lending to cover your down payment
A little bit about me -I have one 3 unit multi family in upstate ny. Albany Ny to be specific, I purchased this back in April 2019 and provides me on average 20% cash on cash, little over $300 a door.It would provide ...
Jeffrey Grieshop
SFH split into two versus naturally built duplex
What my title and description state, please help. I am trying to run some comparables and get a good feel for how I should be comparing these two's values. I think a structured duplex should be of bit more value. They...
Justin Mabry
Any good spreadsheets or tools to help me practice analyzing??
Hey everyone! Quite a noob here, hoping to practice and zero in on my abilities to crunch the numbers and analyze properties effectively. I'm aware that there are many more variables than just "mortgage payment compar...
Michael Ashe
House hacking. How to calculate cash flow
What is the best way to calculate how much my primary home would cash flow as a rental?
Interested in house hacking but I've come to realize there are variables that I'm not aware of Like for example, I posted once ...