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Results (269)
Hyeseong Park No prepayment penalty vs 3 yrs vs 5 yrs for current market
17 December 2023 | 29 replies

What is the best option for prepayment penalty you think these days if I want to go with DSCR loans?I assume that there is a big chance that the rate can drop a bit more due to elections at the end of next year so gov...

Evan Parker Congratulations! You Gentrify: Displacing a Community
7 August 2019 | 200 replies

This question is one I pose to anyone who has an opinion on the topic. Obviously we're all here because we like something about the idea of REI and passive income. As the process goes, we find a "good deal" in some ar...

Coley B. Cash Out Refinance vs HELOC for Investment Property
13 May 2019 | 22 replies

What do YOU prefer - LOC or cash out refinance to pull out equity in a non-owner occupied investment property?I have a long-term buy and hold strategy. I purchased and renovated a multi-family investment property over...

Mike Wood DSCR and Commercial Loan Question - 2+ unit Investment Properties
22 July 2024 | 17 replies

I have several duplexes that are financed with conventional 30 year Fannie/Freddie investment loans, but I have reached my limit  (10).  I am wondering how to proceed to acquire more properties.  When I talk to my loc...

Vikram C. Multiple choice counter offers?
21 June 2010 | 11 replies

I have had a couple of bad experiences with appraisals coming in very low with certain lenders and have taken the suggestion of some BP members to try to convince buyers to use my lender.

I have offered a variety o...

AJ Howard WHEN & WHY to start LLC?
26 December 2020 | 14 replies

A little background: We are in WA.We have heard about people in the tents gam starting LLCs. And we are wondering if we should start a LLC and why...So we bought our first house about 4 years ago and lived in it for a...

Rick C. Investing in the Wilmington, Delaware area
24 June 2018 | 32 replies

Hello,

I am considering investing in the Wilmington, Delaware area due to a few factors:

1. Lower taxes than neighboring PA or NJ

2. Lower entry cost

3. Having #1 and #2 while still hav...