Steven Barr
Is this loan too expensive?
I just purchased an investment property for $91,250 with 20% down on a FNMA backed loan at 7.625% interest and was charged the following:3.909% loan origination: $2,854Appraisal management fee: $85Processing Fees: $80...
Mike V.
AirBnB: Upcoming change to iCal listing information
I received this e-mail from AirBnB today. This is going to make 'professional hosting' much harder for those of us that cross list on multiple listing sites. AirBnB already refuses to allow integration dispite e...
Erik Sherburne
Investing in land in Minnesota
Hey all-I’m looking to purchase land in Minnesota for now primarily to plant a bunch of trees to offset my carbon footprint. But, as an investor, I also am open to renting it to hunters, or forest mgmt / replacement ...
Leslie Fisher
Shopping interest rates without banging my credit.
Should I simply call the banks to get a ball park on the rate and do my calculations with that estimated number or will I need to apply and get the rate available for investment properties at several banks? Won't the...
Melissa Searing
Contractors - Could these cracks mean foundation trouble? *PICS*
Hi there! I am looking for a house to flip in Charleston, SC and found this distressed property. I know that I will need to get an inspection and possibly a structural engineer's opinion. I am just wondering if any as...
Richard Warren
Fed Cuts Rate by 1/2%
As expected, the Fed announce a 1/2% rate cut in the Fed Funds rate to 1%.
:cool:
Mikhail Pritsker
Underwriting Tricks: Mastering the Basics and Beyond
Dear friends,
In these challenging times, deepening our understanding of multifamily underwriting is crucial. As the foundation of real estate investment analysis, underwriting allows us to evaluate potential returns...
Joseph O'Sullivan
TSP Loans - Current Pros and Cons
Hi All,As I look at my options to finance my first RE deal, I was researching the early withdrawal penalty from TSP (Federal equivalent to 401K) and just learned that I can take out a TSP loan with no penalty, no tax ...
Aaron Hoyle
DTI for 30 year mortgages on investment properties.
I've seen a lot of discussion around this, but most of the info was from 5+ years ago and the answers were all over the board so I hope someone can guide me in the right direction (a referral to a lender licensed in L...
David Frandsen
ADU Strategies in San Diego
Hello BP investors. I'd like to hear from those that have experience with Accessory Dwelling Units. I'm in San Diego County. I started to research the requirements for Chula Vista (have not reviewed other cities yet)....