Asher Anthes
Does a new mortgage lower your score?
I just bought my first house in may of this year. When I closed my loan my scores were around 700. The mortgage just appeared on my credit report last month and my scores today were in the 660's - 680's. I figured...
Bienes Raices
Making lower offer on approved short sale
I've been told that once an MLS short sale has been approved, you can make an offer slightly lower (maybe a few thousand) than the approved price and it will still go through relatively quickly (as opposed to an unapp...
Stephanie Jamgochian
Tenant Requested Lowered Rent AND a Dog
I own a "B+" SFR in a HCOL university town with vacancy rates under 3%. I've owned this unit for the last 2.5 years and have had three turnovers since (first tenant broke lease after 5 months due to job loss and the...
Daimily Santiago-Leon
What happens when home prices are lowering
Hello I need some insight on how the market is working right now in Rochester NY. I am a new investor and I’m trying to figure out how the market works here and what is the best thing to do in my investing strategy. M...
Michael Bier
Helping out the tenant with lowering rent
My tenant wants to break lease to move to a lower rental. Should I lower the rent to keep them to the end of the lease which is one more year or let them just break and leave?
Darrin Smith
Lenders that lend on lower end areas
Hello everyone, Are there any lenders out there that lend in the lower end area of Baltimore where ARVs are around 75k? Look to buy a few rentals and refinance after rehab & renting. Pretty good credit and inco...
Jeremy Taggart
Closing cost credit or lower interest rate
Hi BP,So I am planning on house hacking a triplex for my first buy and hold investment property. I am using an FHA loan and the mortgage amount is going to end up somewhere around 120k. My lender is giving me the choi...
Chris K.
Lower COC but good IRR- good investment ?
Hi,My COC on potential deal is lower (conservative) around 2-6%. But IRR is more around 20-32% (depending on my final purchase price . I am long hold on this property , in an area where I believe it will really gain i...
Nick DAgostini
Winning Auction Bid Lower Than Judgement Lien
Looking into sheriff's foreclosure auctions in Northern CA. If you win the property at auction for less than the judgement lien, do you still owe have to come up with the difference to get that lien removed from title?
Vincent Moore
Refinancing to Lock in Lower Interest Rate
Good afternoon Bigger Pockets Fam! I currently own one rental property at this time and have owned it for about 18 months now. My lender recently contacted me and suggested that I refinance my current mortgage in ...