Hello! I'm fairly new to the game, I have 2 other SFH, but I'm closing a deal on a 45K house (I know not much). I don't have enough equity in my other houses to finance this and I don't want to owner occupy the home. ...
I typically work in the commercial multifamily space using the LTR approach, but currently broadening scope into smaller multis, potentially using the STR approach. Those of you that have experience modeling out pro f...
Hi everyone,I have 3 houses in Memphis and I'd like to bring down the payments on one of my houses quicker. Can I pay towards just principle as a separate payment or will it just count as an extra normal payment? I've...
I live in San Jose, CA and my office headquarters is in Vancouver, WA area. I keep traveling to Portland every month. I am seeking opinions to invest in rental properties in and around the Portland area. Is it a good ...
When my wife and I purchased 5 homes between 2005/2006, we knew that interest rates were important, but at that time, we were just happy that we could purchase 5 investment properties, especially when many people thou...
Myself along with my wife have recently decided to REALLY make a push to continue our investment education and purchases. We currently own a few single family homes and a condo in which we currently live in. We ...
Hi BP! I need some wisdom here.
I am analyzing going in on a deal that is subject to financing.
The property has a first mortgage of 220 and is behind 13 months (11k) and is in pre foreclosure. The seller has a sec...
My only experience in REI so far has been a buy and hold property i acquired with typical bank financing (which so far has been going fantastic!). After doing some reading and listening to others I believe Subject To ...
Hello! I'm interested in refinancing my four-plex in Los Angeles and using the equity to purchase commercial multifamily. When I spoke to a couple of commercial lenders towards the end of 2019, I received the followin...
What amount of fees are expected these days in a cash out refi? How much is reasonable when it comes to loan fees? I had planned to do a cash refi on one of my investment properties, but the fees are too high. With t...