Elad Messing
Any investors/home owners in East Palo Alto, CA?
I would love to connect as I have a question about the rental market out there.Thank youElad and Keren
Peter Kim
What should I do with excess cash flow (after expenses)
I know this is based on the goals I have for my self but a general rule of thumb, after deducting expenses from my cash flow, should I
A) Use the extra $ and put it in the mortgage
B) Save, save, save to buy anoth...
Ronald Erwin
home loans and your credit
hello amazing BP member!! I have a question I dont know if it applies to rental properties. I recently purchase a second home my first one approximately a year and half ago. I wasnt approved for near as much as my fi...
Raj Ga
Seeking guidance to grow real estate portfolio - scaling flip and buy and hold
I currently own 3 properties which include duplex and single family homes and they are under long term lease. Though I just finished my first single family home flip. I like the idea of the flip generates the cash flo...
Tommy Barone
Mortgage Company Called Offering Re-Fi (HARP?)
Hey guys, need help since it's the weekend and need to figure stuff out by opening tomorrow am...My lender (PNC) called to let me know I can streamline refi my existing mortgage based on, I believe, some kind of expir...
Luciana W.
Tenant is asking an extra day for moving out
Hi everyone,I have a turn over coming up, the current tenant has signed a move out letter for the 30th of the month and is now asking for one more extra day so she can move everything to her new apartment that is only...
Roberto Ramirez
Refinancing personal home - 15/20/30 year?
Looking to refinance my personal home before starting to invest. Currently owe $585k and six years into a 30 year mortgage @5.25%. Rates have obviously come down. What makes the best financial sense? Taking out a 15 y...
Michael Krassos
Need Help: What does it mean when my Cash-on-Cash percentage is lower than my Cap Rate?
Stay away I imagine, but seriously I'm analyzing a deal and want to make sure I understand what is happening.
It's a 2-family to buy and hold for $400,000, will put down 25%, so mortgage at $300,000.
Income is $45,...
Matt M.
What do you guys do with extra cash flow after paying expenses
Hey guys,Just out of curiosity.. after paying your expenses, setting aside for CapEx, vacancy, etc. what do you do with any extra $ if there is any? Do you save it for another property? Use it for personal use?
Bill Brady
What's a good loan rate?
Hello Bigger Pockets Family!
I have a quick one for you --> What's a good rate for a 30 year fixed loan on a duplex? I was pre-approved through Bank of America with a 4.5% interest rate but am not sure if that's...