I am looking to offer on a multi family property. Currently the owner pays electric for each unit (10 total). Each unit is separately metered and I would like to get them to pay for electric themselves. Looking for ad...

So I have been thinking the last number days about a particular scenario. I have a property that I could sell for somewhere around 400 K with owner financing. We have found it for number years so the value of the prop...

Hi all,This is a bit unorthodox but curious to hear some thoughts. I reached out to a dozen lenders in Boston to find the best rate for my own mortgage. Many of my friends were looking for mortgages at the same time. ...

Hello BP, I'm purchasing a rental from a turnkey provider in Chicago, as an out-of-state investor. I recently locked in a mortgage rate of 5%. However, I'm wondering why did I even receive such a relatively High rate ...

Hello,
I have 3 duplexes to cash out refi on. All are worth $200K. One is free and clear, one I owe $5K and one I owe $35K.
What should closing fees, points, appraisals add up to? I am seeing $7400-$8400 in closing ...

How does tax abatement affect a property's value? I'm looking at an apartment in Brooklyn, New York with a tax abatement for 15 years so will that force me to overpay for the property because it has a tax abatement...

Here is the scenario. I first started out with a 680 credit score when I approached my loan officer (at Suntrust) back in March and he gave me a 3.75% interest rate, I'm still looking for a property up to now and my c...

Hello to all, I’m recently got into escrow on my very first investment property and when going through all of the fees to close I came across a “lock in rate” fee which is to lock in the 6.125% interest rate at a whop...

I am currently in contract on this office building. It was arranged on a 5 year interest only, seller financed, with a balloon payment at the end of the 5 years. This is my first office building, and I see tremendous ...

A note: I own the home, live upstairs, and rent the lower apartment.

I hired a contractor to replace some windows, and and repair the damaged frames.   I gave my tenant a 30 day heads up on the repairs, I then gave...