Brad Bedel
Working up to getting my own properties
First post here just looking to get some advice on my strategy of acquiring my first properties. I'm a single male, that makes about 100k a year I purchased a home back in 2015 in the financial housing crash in the ...
Griffin Dalrymple
Commercial RE Equity
Thx in advance for your thoughts / ideas. I have a SMLLC that owns 2 commercial office units. Both units have leverage from different banks. The details - Unit A value of $1.65M / mtg of $400K @ 3.25% (balloon in 6...
Gabriel Zepeda
FHA Streamline to reduce mortgage interest rate Scam or real?
Hello Everyone,
I bought a home back in January 2024 using my FHA loan and I received a call from Atlantic Capital Funding saying that I could FHA streamline (interest reduction) from my 6.625% to 5.7% and could even...
Cory Binsfield
Don’t Waste a Perfectly Good Crisis
Hey BP investors,
Want to take advantage of an epic opportunity? The 10 year bond is at a record low. Why would you care? Conventional mortgage rates rates tend to track the 10 govie yield. Oh, Wall Street and Main ...
Jim Sestito
Current Lender Reached Out about interest rates
BPReceived an email from the lender that gave me a conventional loan (4.5% rate) on a two family. Basically said "rates have dropped, and we should talk"- I have a call with them tomorrow. What is the advantage for ...
Justin Johnston
Should I refinance my condo?
I have a condo I rent out that has great success with staying occupied I've had a zero percent vacancy rate on it since moving out and converting it to a rental three years ago. I bought it with 5% down as it was orig...
Brady Mullen
The Cost of Waiting - A Different Way to Look at It
You've probably heard the "would you rather" scenario about being offered $1M or a penny that doubles every day for a month, right?
Well, consider this little twist…
So, in case you haven't heard, a penny that doubl...
Marcus Auerbach
3.25% 30 year fixed for a duplex (owner occupied / house-hack)
This makes me wonder where rates will go (and if the FED is backing themselves into a corner) - I work with a lot of house-hacking clients in Milwaukee and owner occupants usually get great rates and most importantly ...
Account Closed
August Jobs Report Could Give Clues About Upcoming Fed Rate Cuts
The BLS released the August jobs report on Friday morning. You can read the full details here (https://www.bls.gov/news.release/pdf/empsit.pdf), but let me summarize what it says and why you should care about this spe...
Henry Lazerow
Chicago prices declined at only 60% of the national rate M/M
It was interesting to read the case schiller housing data released on Nov 29th which re-affirmed my belief that Chicago is unlikely to see significant price declines. Chicago month over month decrease was only .6% vs ...