Chris Wallace
Advice, Commercial RE, sell or cash out to buy another property
I'm Trying to give a complete picture so I can tap into this great resource of BP. I own a commercial property, no mortgage. Two appraisals 3 years ago $1.8MM. Raleigh NC, so unlikely to have gone downRent $10,400/m...
David de Luna
What is the % of seller-financed deals that ultimately fail?
I know that RTO buy rate is somewhere around 5%. Does anyone know the buy rate on seller-financed deals - the ones where I, the seller, seller-finance my houses, as opposed to RTO? Really, to me it's semantics. I hold...
Raj Kumar
Refinance time - sell property or refi and keep renting
First time post.I purchased my property in 09/2008 - 275K. For personal reasons had to move out, and started renting 02/2012, it's now 3 yr 10 months in rental with 4 month vacancy during this period.1. Rent/month - 1...
Peter S.
Contract signed, but three financing options to choose from
Hello BP.After looking for MFH for a few months, I finally took the plunge and signed a contract. 6 unit apartment building owned by a husband and wife who are looking to get out of the landlord game and retire. Here ...
Bryan Hancock
Due-On-Sale Propriety When Banks Ruin The Economy
Now that our banks have all but devolved into GSE conduits I was wondering what the consensus is for the fairness of selling homes with loans on them when interest rates drop.
It is just for the banks to deploy the...
Urvashi Vasishtha
Is Temporary Buydown the hottest purchase option right now?
The RE market has been buzzing with news around the keyword; temporary buydown. Some experts believe that the hottest and most talked about purchase option right now is the Temporary Buydown.They assert that it is a g...
Mike C.
Lending - Debt consolidation
Good morning,I am currently looking into a personal loan for debt consolidation in the state of TX (lender doesn't have to be from TX). I am looking to pay off some of my other loans that are at higher interest rates...
Nathan Alvarado
HELOC vs Cashout refi
I bought my first property last year in July. I put 20% down and put a good amount towards the rehab cost. I'm thinking I should have around 104k-129k in equity. I was wondering what would be my better option to get a...
Christopher Kelley
Is it possible to have Untouchable Equity???
Over the last 3-7 years I have purchased 4 SF homes, currently all are about $310,000. Average remaining mortgages are about $150k. I would love to use the equity but my interest rates (after refinancing) are at 3.2...
Khurram Mirza
Fixed rate vs variable in current environment
A lot of newbie investors at the BRRR refinancing stage will have a tough time deciding whether to go with Variable vs Fixed rate mortgages due to Gov continuous rate hikes. Variable gives pre-payment flexibility and ...