Dennis Cobos
Lenders who don't charge PMI
Hi everyone!
I will be investing in my first property (duplex or triplex) in the next few months, hopefully around May, in Sacramento CA. I've been working with an agent already and have started to narrow down my cri...
Troy Smith
Refinance portion of brrrr
I’m almost done with the rehab on my first brrrr property. When should I refinance? Should I wait until it’s rented first or just start the refinance process right away?This is my first Brrrr
Vickie Bruce
Is refinance the way to go?
This is very important to me as I have never purchased property and now I need to in a very short time frame. My sister and I each have 50% ownership in 20 acres in Poolville, TX. My house is on the 20 acres and now ...
Carolina S.
Capital Gains or High Interest Rates
Hello BP community.
I'm in the DC/ VA area and I'm under contract in one of my properties. I'm thinking of doing a 1031 exchange with it. If go that route, I would need to spend about $850k total. If don't do a 1031...
Mark Byrge
Commercial loan refi at term end
I am currently approved for a commercial loan that is amortized over 20 years, but with a 5 year term. At the end of the 5 years, are these typically "refinanceable"? Or should I be aggressively trying to pay this dow...
Tyler Gilbert
Analysis of loan types for MF properties
Hi all. I have been doing some research into MF properties and have had some extremely informative conversations with some lenders and agents (Thank you Rick, Jonathan, and Jake). I’m interested in learning more about...
Thernest Brown
Cash Out Refinance VS Home Equality Line Of Credit
Hello Everyone,
What's the advantages and disadvantages of Cash Out Refinance VS a Home equlity Line of credit ?
Ayodeji Kuponiyi
Potential Deal? Smart People Please Chime In
Found an 8 unit apartment. They're asking $515,909. Cap Rate is10.93. Total monthly Income is: $6,380 & $$76,560/yearThis is my analysis:I used conservative numbers such as 30% financing and estimated 55 expenses....
Nic S.
DSCR/Creative lender ideas
I will be selling a SFH that will net $90k that will roll into a 1031 for a quadplex. The price of the quad is $525k. Is DSCR loan the most favorable product when I have 17% for down payment? Is there another loan pro...
Bryan Beam
Creative Mortgage Offer
We have a 27-unit townhome complex under construction. To address the higher interest rates we want to develop a creative mortgage offer that we can market to buyers. One thought is we, the seller, would buy down the ...