Jon Passow
Debt Consolidation/Credit Counseling
One of my friends knows I'm starting my real estate investing company this year and I guess this means I'm an expert in financing since he started asking me all sorts of questions about his debt, lol. Thought I'd thro...
Nick Ritter
Student loan Pay off or another investment property? advise
Hi BP,Recently in January I closed on my first duplex with a 10% conventional loan and im currently living in the smaller unit cash flowing $150 per month after all expenses ! Fixing it up along the way here and there...
Quoc Tran
Quicken Or Local Lender to Refinance?
Hello Wonderful People of BP,I am looking to consolidate the loans on my primary home and would like some advice on how to go about it.A little backstory: I am currently house hacking a SFH, renting out 4 bedrooms. I ...
Richard Mancini
Should I sell my house to pay off crerit card debt quicker?
We moved five years ago and have been renting out our old house that is about 8 hours away. My wife and I decided to sell it to pay off credit card debt so we could start fresh plus it’s been kind of stressful having ...
Kurt Z.
To Recourse or not to recourse
Curious to hear people's thoughts on recourse versus non recourse loans on apartment buildings. Pros/cons, etc. I have a great quote from First Republic but it is recourse. I can't decide if I really care. Only doing ...
Arti Ta
Mortgage broker for conventional loan
What's the 30 year term mortgage we could get with 20%-25% down with no fees?
Kailani Tom
HOA foreclosure situation debitor/creditor
heres the situation, about 4 years ago due to of course unforseen circumstances we walked away from our home, we did talk with a bankruptcy attorney at the time and he suggested we walk away from the home because a...
Joseph Coleman
MLS Websites Are Terribly Inefficient - Is There a Better way?
Hey! I am analyzing properties one by one through sites like Realtor.com,Zillow exc. As a first cut I am calculating which properties cashflow by plugging in estimated price, rent, debt service, expenses, exc. This al...
Spencer Gray
Agency spreads increase
Has anyone gotten a rate quote from Fannie or Freddie this week since the 10 year took a nose dive?
I have heard that both have increased their spreads substantially and may not even be taking applications.
CMBS ...
Max T.
Pay taxes on profits from land sale?
If I sell a piece of land I would take some of the profits and use them to refinance a rental property I own.
The rental was purchased with an FHA loan but it is now tenant occupied.
The idea is That this will i...