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I have a condo as a rental with minimal loan balance in San Diego. I bought the unit about 10 years ago and it has appreciated nicely. ROE is not that impressive with around 3.6-3.8%. Basically the equity is genera...
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From Canada and looking loan options to purchase STR in Orlando area. I have a house with mortgage in Canada so I am concerned I may not be approved for a second mortgage despite it being a rental. Can anyone give m...
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Hello folks. My question has to do with interest buydown. Is there a minimum interest rate? I know other factors such as location, dp, prequel are used. For example. 8.125 % do wn to say 5%. Doable and how much? ...
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I recently purchased a property for $674K purchased through a mortgage lender with 5% down at 5.875% fixed rate 30 year mortgage. I immediately was offered 765K from an interested party who would like to work out an o...
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Hey everyone! I always appreciate the help and thoughts on Realistate subjects. These forums are awesome. So I’m at the cross roads with my currently property. I have 104k in equity I can pull out. I spoke with a VA l...
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Hi All - I wanted to understand what options I have to do a cash out refi on my rental property? Home is worth about $700k - and I have a 2.75% 30 year mortgage and I owe 425k on it. I want to take some equity out o...
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I am new to BP and excited to learn and to help where I can! I am looking to finance a Multifamily project in Utah with 20 units with 20% down, good competitive rates and a bank that can close in less than the standa...
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Hello all,I am trying to figure out a way to get this deal done and what my best options are for financing with $0 down, sub-par credit, and being a first-year independent contractor. I realize I have a lot working ag...
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Has anyone noticed any substantial change in response rate when shifting a mailing campaign from 44 cent first class stamps over to the metered option? My first thought is this would lower response rate a bit. Just ...
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I have an Fha 3 plex and I am ready to purchase another 3 or 4 plex but every loaner wants 20-25% down. Any other way I can get a 5% down loan?? Plz help