Shawn Mix
Rent Raise Advise/Inputs Wanted
So I've owned a 3 family property now for a little over 3 years. I inherited the property with 2 tenants. Went through some changes but have settled with 3 great tenants at this point and have been stable for over 6 m...
Bruce Faulk
How much $ do I need to begin Hard Lending?
Hello BP,I have been searching around for a way to begin my Real Estate investing career in the NYC area and have gotten some great suggestions. Wondering if putting my limited funds to work as a lender might not be ...
Raffaele Bianchi
Market Value of a 4 units - Thanks!
Hi Guys,I need some suggestion from you if you can! I would need to appraise a Multiunit of 4 units in Oakland, CA 94609 : the sq. ft. is 5231, built it in 1907, and they get a rent of $4200, $3500, $3700 per month be...
Shmuel Gertel
STR Loan Refi
I bought an STR late last summer with a partner and have been running it successfully through AirBnB and VRBO since mid-Oct. We bring in about 10k a month. Lending markets have been all over the place, I put a short t...
Michael Rivera
Is it possible to negotiate a mortgage rate?
Hi,I have a question. Is it possible to negotiate a mortgage rate? What is your comment on this? I was searching for this for a long while. I think the experts here can give an exact answer to this query. Also, I cam...
Mert Icgoren
Section 8 in Baltimore, MD
Hi all, Thanks in advance for all your opinions and suggestions. First time posting ! First time buyer here. I came across the Section 8 market in Baltimore, the cap rates look attractive, but since I'll be from out o...
Katie Printz
Rent in SFR vs multi family properties
I’m looking at a potential first property to buy and have a question on rental rates. For my analysis I used rent-o-meter to get an idea of rates in the area that I’m looking. The property I’m considering is a fourple...
Lawrence Walcott
Refinance options on Condo
Good Morning,
Looking for some advice and options on refinancing on a rental property. Two years ago we transferred form Washington State to Virgina, we bought a condo and put money down. Maybe not the best move but...
Michael M.
Financing Growth Beyond 10 Properties (Portfolio Loan?)
Hi all,I have a portfolio of 8 properties (SFRs and 2-plex/4-plexes, each with a 30-year fixed mortgage). In aggregate the portfolio is at ~50-60% loan-to-value and fully stabilized, with minimal vacancies. Everythin...
Benjamin E.
Any better scenario to pull out money that I am overlooking?
I bought a three flat for $415,000 almost a year ago to date. The rents were $850 each. I am on a FHA 30 year fixed at a 3.35%, with 5% down. PMI will never come off this loan due to the FHA loan I got at the time, an...