Hello BP,Can you advise me is this considered a good deal to refinance my rental property? I'm currently on a 12 month Hardmoney rehab loan looking to refinance out of the high interest rate. I was offered below:Aroun...
I'm using the BP Buy 'n Hold calculator and I'm not sure how to calculate/get/guess how much for the following:
(I'm waiting call back from lender to help with closing costs but figured I'd post here in the m...
Hello All,I know that Master Lease Options have been discussed a ton on here, but after searching endlessly I couldn't find anything addressing some specific concerns/questions I had so here it goes...The potential se...
The Federal Reserve is expected to raise interest rates next Wednesday. This will mark the third time it has done so in fifteen months, and is an indicator that further increases may be in store. In the past, an incre...
I am buying a property that has existing section 8 tenants that are month to month.Once I close I would like to raise the rents. The town does not have rent control. Is there certain guidelines I would need to follo...
I'm wondering if anyone has used that. Slightly lower than market rents to keep good tenants and using higher than average deposits to get good tenants? I find that standard one month rent deposits rarely cover my co...
Throwing this out there because I like hearing opinions from the BP community. Has the current environment of inflation, cost of labor going up, supply issues and raising interest rates or anything else going on now, ...
So I saw the data below and am wondering, are americans fighting inflation with debt? Have incomes kept up with inflation? What will happen when the credit card companies and banks tighten their lending standards?Do y...
Hello Bigger PocketsSssoooooooooooooooooI found a deal,The rents are about $500 under market rate. Cool.After doing the calculation, in which I didn't add my standard 10% for vacancy, maintenance, cap ex or management...
Hello Everyone,
As you all may know, the 30 year fixed has pretty much sky rocketed to 4.75% or so.
Does anyone know if this will cause prices to drop, continue to increase, but at a slower pace, or flat line?
I kn...