Wes Brand
How to cash out
A bit about what I'm looking for:I'm closing on a property soon with a cash offer. I have no immediate plans for the money I'm spending on the property, but I'd like to keep cash available so I can jump on any good de...
Isaac S.
large multi refi...need help understanding Yield Maintenance
Hey BP!
Hope all are well and family and loved ones, too!
My question is regarding a refi/cash out on a multi tenant with 37 units, based on rent roll and comps, my loan broker and I estimate the LTV to be conservat...
Jeff Bridges
Investment Mortgage quote/30 yr fixed3.875%/ 3 points reasonable?
I'm trying to obtain a cash out refinance a SFR rental property I bought originally all cash. My mortgage broker is giving me 3.875% 30 year conventional fixed with 3 points down. 75% LTV. total loan amount 80k. total...
Jenny Tran
Difficulties with Proof of Funds Letter
Hi everyone,New real estate investors here interested in fix/flipping properties. I attended an investment boot camp which helped us get a proof of funds letter, but I've had agents try to confirm that it is our funds...
Taylor Thompson
Advice on 2 Lending Options
First post here so looking for some insight from the experts. Working on a small MF construction project (2 6-unit townhomes). We have two competing bank offers and I'm looking for insights/advice for or against eithe...
Daniel Liu
RealtyBid.com Freddie Mac will not guarantee insurable title
HI,I am biding on www.realtybid.com, noticed following note:"Freddie Mac will not guarantee insurable title"Is it mean that winning bidder may not get insurable title?Is it a potential risk to bidder?Thanks for your s...
Juan Rubio
How can I raise the ROI of a property?
I'm analyzing a deal and I'm getting good cash flow, but not so good cash-on-cash ROI, what or how can I do to raise the ROI? Thanks!!
Mike Barry
Unique Tenant Issue Involving ComEd Repair Question....Help!
Hi All,New landlord here with a unique question. I own a SFH where my tenant had the electric turned off due to non payment. The property is located in Will County Illinois and the provider is ComEd.When ComEd came ou...
Su Pak
What do you think about these DSCR rates and fees?
Hi, I'm looking to refinance my Canton, OH (44714) BRRR property. Assumptions I provided to a mortgage broker is below. Below that was her response to a 30 yr fixed rate DSCR rates, plus origination and underwriting f...
Brian L Dowler
How Much Rehab to Do on a Buy and Hold Rental
First year investor; I have one rental and two in rehab. My two rehab projects have had pretty steep rehabs, because we have fixed everything up as if we have to pass inspections/codes to sell to anyone buying. That...