Hello everyoneI want to purchase a fixer upper. This is my first time. The property itself cost roughly $100,000 and I will need to get an additional $80,000 for rehab. I have great credit but wanted to get some feedb...

Hello Lending Experts,Looking to purchase my first (6) unit multi. I have excellent credit and 35% cash down.I know that a typical commercial loan is 20 years with the rate adjusted at (5). Do banks ever write fixed l...

Guys and gals,I've now been reading now for more hours straight than I would like to admit. Lots of which revolved around owner-financing, be it seller carryback, contract for deed, or lease-option. I'm going to be pu...

I talked to a few lenders that said they will only do fixed rate mortgages on investment properties. Is this pretty much true across the board, or are you able to find lenders that will do adjustables?

Thanks,

Asher

Hi all - 
I'm about to close on a multifamily that I intend to hold for the long run.  My initial thought was to use a 30-year fixed, but my friend who is in the mortgage business actually suggested doing something l...

Hey folks. I current own in IL - 2nd highest property tax rates in the country. Like any business, in MF real estate, not all costs are the same. Meaning all else people equal, if you're looking at 2 deals, both 8% c...

My lender is offering 4% rate for 30 years fixed and with half point (1300$) 3.875% for 30 yrs fixed. Is it a good idea to pay half point (break even in 69 months)? Or go with 4% and refi at lower rate later. If I ref...

I have $340K left on my rental mortgage and I'm refinancing it now.Got 2 options:1). 30 years fixed at 3.70% or $1,565 monthly paymentOR2). 10 years interest only at 3.65% or $1,030 monthly payment.I have no W2, so re...

Hi Everyone,I have found a 4 unit property that cashflows well at a price I know the seller isn't going to like. I thought I'd offer him seller financing and show him how he could save on taxes and make more on the pr...

Hello,I am new to Bigger Pockets as well as a junior investor. I am looking to purchase and renovate rental properties. However, the issue is that I am not sure which hard money lender to choose.I have already utilize...