Jacob Alastra
Newbie Looking to House Hack in NE/SE Portland
Hey everyone this is my first post. I am in the saving stages of my investment journey and am trying to figure out what the best path to success would be.
I am interested in my first deal to be one that I can house ...
Rob Bianco
What Is a Good Loan-to-Value (LTV) Ratio?
When
doing refinance what LTV Ratio do you guys think is good? I've heard
70% is the norm but my realtor suggested 60% LTV to be more risk averse.
I'm
thinking with 70% LTV it will give me more money to buy mor...
Stephen Scire
Help With Down Payment
I spotted this 6 unit building that can eventually yield 8-12 % with many non structural improvements
(Washer/dryer , kitchen upgrade, centralize heat / A/C)
It has been on the market for almost 60 days & has p...
Victor Zeytin
Unti Land Costs for Multi-Fam Development
Hi everybody,I'm an entrepreneur that's been trying to get into multi-family real estate in SoCal for about a year now.The opportunity has presented itself for me to get into a project that'll yield about 30 units wit...
Jeff S.
save cash or pay down HELOC ?
I'm working on my first deal to buy a duplex using HELOC for down payment. I'm wondering what to do with the cash flow: what is the best stategy for preserving my liquidity ?My first idea is to just pay down the HELO...
Cee Williams
Brooklyn Six Figure Earner Ready to Buy and Looking for Buddies
Six figure earner in Brooklyn, NY who has been learning about real estate for the past few years, pre-approved and ready to start buying. Looking to find others in similar boat to meet and brainstorm. Also would be gr...
Clementina Reynolds
removing PMI or paying off higher interest mortgage or saving/investing
Hi all--Mortgage 1) interest rate 3.5%, $10k left to remove PMI (purchased as residential, now use as an investment property)not cash flowing, but will be if I removed the PMI (cash flow would be like $50/month)Mortga...
Jaimin Doshi
Investing In Columbus, Ohio
Hello everyone, first of all I'd like to wish safety upon everyone in this community and hope you and family are all keeping healthy in these times. I've been on BiggerPockets since 2017 and have learnt a ton of thing...
Marc Rice
Commercial loans longer than 20yr amortization?
Hello BP! I've been working with some buyers on larger apartments around the $1m purchase price and have found some solid 1% rules in great A-B neighborhoods but the issue I'm running into is that commercial lenders a...
Matt Inouye
Seller Finance - Early Repayment Request From Note Holder
Hello BP Community,I have been approached by the holder of a seller-financed note (for a property I purchased from them) asking if I would be able to repay my note earlier than agreed. They understand that it would h...