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I own a STNL retail property with a national tenant currently on an absolute NNN lease. At the next lease renewal, they have a 5 year option with a 10% increase (two renewal options left total). The lease states that...
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We were given these two options when we refinanced our house recently: 5.25% with $8000 cost OR 5.875%. My husband chose 5.875% with the following reasoning:"If I had applied for a 5.25% rate for a $401250 loan, the l...
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My husband and I are looking to start our investing journey. We both purchased houses (2018, 2020) and after we got married consolidated into one house. The plan had been to rent the other property and did significant...
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Hi all,New to the BiggerPockets community here! I am looking at potentially building an ADU on my property. While I was exploring HELOCs, cash-out refinance, private lending, hard money loans, etc., RenoFi came up as ...
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Hello!
I am looking for some advice as to which course I should take: Cash-out refinance or home equity loan?
Home value: $400,000Mortgage balance: $51,000
Interest rate: 6.125% - Fixed. 30yr.
Monthly paym...
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Guys
What am I overlooking in my calculations ??? Please help.
Question on wether I should buy points to lower my refinance rate OR not.
O/S Loan of $502705
I have two options:
Option 1 - Refi Rate: 2.375 (No po...
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Hello BP, I've been trying to search BP for this answer already but the threads I've seen are all cold with no answers so far. Can someone explain the three option seller financing strategy with a given scenario for ...
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Hi! Has anyone out there ever used a loan against a stock portfolio or a margin loan to finance real estate? (I want to finance a rehab)... I'd love to hear from someone who has done this! Everything I look up make...
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I have a deal in 44111 that's an 8 unit for $249,000 and I'm ready to submit an offer. How does this sound? Also, are 4 options too much?
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We analyzed the financials, applied the suggest (9.44) cap rate...
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Hello BP,
So i have primary residence now on rental with cash flow of 450/month. have equity of 95k.
I want to fix and flip/ sell and have 20k cash on hand what's best way i can do this regard to financing / purcha...