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In this week’s post, I am turning it over to Brent Voepel.I got into a conversation recently with people in the industry about the price of property management. In this discussion, we all agreed that for one property ...
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I have been looking at doing a DSCR loan but looks like I'm giving up on that as DSCR loans require bank statements anyway and if I'm going to provide that, I might as well go Conventional and have significant rate sa...
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As a Mortgage Broker, I hear a lot of "expert" opinions about where mortgage interest rates are heading. I am more curious as to what the word is out there amongst the folks actually buying and selling real estate day...
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Hey BP,
I would like your opinion on my financing options on a 4 unit property that is fully rented. I was originally planning to buy with a conventional 30yr mortgage, but then found out that I cannot use th...
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Hello,My GF is in a pretty frustrating situation with her current lender and I wanted to explain the situation to hopefully get some guidance on what she should do. She is currently in the process of a cash-out refina...
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Hello investors!
I have a property that I will be privately funding and then planning to cash out refi.
With the changes to seasoning requirements by fannie mae, I’m wondering how this affects this process.
Any wi...
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A friend of mine who is not a real estate investor said they knew of someone whose property taxes doubled when they switched the property to a rental. This seems crazy to me but I wanted to run it by you before I disc...
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TBD, LLC
No. of Properties 1
Quote Date 10/20/2023
Property Value $ 549,000
Rental Income $ 8,125
Taxes $ 6,339
Homeowners Insurance $ 1,974
HOA (if applicable) $ 0
The above information was used to calculate ...
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As we know the feds are talking about doing 2 more rate hikes this year. With that info; are you changing your investing strategy for this 2nd half of the year? Whats your outlook on the rest of the year? I personall...
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Hello All,Currently at the end of escrow on our first REI. Everything was smooth sailing. Great interest rate and funding - check. Inspections - check. Documents signed by us - check. Wired our down payment - check! L...