Jesse Carter
Current DSCR rates
Just got a DSCR rate quote from one of my lenders and it came out at 8.5% with no pre-payment penalty. Seems a little high from what I thought it would be.Anybody get one recently and can tell me if this is a competit...
Pearce Trenary
FIRST STR: Destin, Smokeys, or Branson
I am currently working through buying my first STR and am looking in the Destin, Smokey, and the Branson, MO markets. Out of these markets which one do you believe is best in terms of the greatest monthly return on in...
Chad Pierce
Looking for Local Columbus, Ohio bank for rental refi's.
I am looking for a community bank in Columbus, Ohio that works with investors. I have 5 rentals and I am looking to possibly refi them to get some better terms. Does anyone have a person/bank they have worked with tha...
Steven Bichel
First time flipper in Sacramento CA. Can't get my first house!
I seem to be getting out bid on the houses I look to purchase. Not seeing how they can afford to pay what they are and still make money. I know I'm at the bottom price point in my market and competition is tough! Wher...
Jason Merchey
Analyzing My Competition
I have received a response from a seller of a beat up old house in a decent part of town that is going to sell for about $325,000. Asking price: $140,000, and we could pay as high as $130,000. We offered $100,000 a...
Lincoln Selk
Cash-Out Refi Lender with No/Low Closing Costs?
Looking for a lender that can do a no/low-cost cash-out refi on a rental. Throwing this out to the BP Community. Curious if anyone has found an ideal/competitive option for this? Thank you!
I'm in Utah, PS!
Joseph Scorese
The Impact to the NAR Settlement for Real Estate Investors
The recent settlement involving the National Association of Realtors (NAR) is set to have a significant impact on the real estate industry, including for real estate investors. Here's a breakdown of the key implicatio...
Greg Teplansky
Should I use a professional designer?
So my wife and I just landed a nightly rental approved condo in a resort area. We’re trying to figure out what to expect cost-wise for furnishings and interior design. I was wondering if anybody has any resources in t...
Andrew J.
Milwaukee Real Estate Insurance
Good Morning Milwaukee BP'ers, I was wondering if anyone had any insight into quality fire/dwelling coverage for rental properties in Milwaukee. Since moving out of state and having to change my auto coverage to a di...
Mohammed Ahmed
First time to buy in the States.
Hi everyone! I am planning on buying my first Multi family house this fall, did some due diligence and the numbers seemed to be working just fine. My plan is to house hack. I did some research on the top lenders in Ma...