Brian Blahous
Purchase portfolio of SFRs
Has anyone had luck purchasing a portfolio of currently rented single family homes? I am doing a 1031 out of a property and looking to offer on a portfolio of 12 SFRs, but running into roadblocks on financing. The a...
Sarah Selle
Dynamic Pricing for 30+day Rentals
Hi all,I have a medium term rental (30+day stays) and have been using Price Labs for dynamic pricing. It's definitely set up for STRs and not properties that rent out monthly. I'm not sure it's worth the $20/mo vs. pr...
Marita Jojo
Refinancing is it good rate
I am refinancing my first investment property and will appreciate if someone can tell me if I am getting a good rate or what rate should I get -Property Type - Single FamilyLoan Amount - $150kLoan Type - Conventional ...
Tyler Kellogg
Closing costs insane...is it real estate a good investment?
Just spoke with a loan officer in the Florida panhandle. She explained there would be around $18,000 total in closing costs to purchase a 250k-300k home...approx $11,000 standard closing costs plus $7,900 in "discount...
Henry Winn
fed raising taxes
hello bp family I'm a newbie and I was wondering how with the fed increase on taxes going to effect the housing market will it just effect the intrest rate or will house decrease and will it have any effect on rent a...
Clark Kirkpatrick
"Investment Property Fee" in closing costs??
I just got a quote for a loan on a triplex. Purchase price is $140k, and the quote lays out each line item that I'll be charged for.One of the lines says "Investment Property Fee - 2.125% - $2,231.25I haven't seen thi...
Brandon Craig
Question around discount points!
Hi All,My lender offered these options for my first investment property and it seems crazy that I have to throw away another 10k on top of everything else.With 15% down the interest rate would be 6.375% but you would ...
Dan Nad
How much to cancel store lease
How much would it cost a retailer to cancel $100M of lease obligations with a length of 0-5 years? These leases are usually about 1000 sqft in malls and some on streets. I've tried to look at public companies but typi...
Urvashi Vasishtha
Is Temporary Buydown the hottest purchase option right now?
The RE market has been buzzing with news around the keyword; temporary buydown. Some experts believe that the hottest and most talked about purchase option right now is the Temporary Buydown.They assert that it is a g...
Chris Haas
Looking for 2015 Information on Property Taxes for NOO in SC
Interested in Spartanburg, SC and Myrtle Beach Area.I found some threads on bp about taxes being triple owner occupied and others saying it's 6% instead of 4%. Can someone that actually knows set me straight ?Hard to...