Steven Frankel
Just Cause Eviction/Termination in Seattle
Hello Seattle Landlords. Looking for some guidance please.
I recently went under contract on a duplex in Seattle that I plan to owner occupy the upper unit.
The lower unit will be vacant by closing, but the upper ...
Ryan Dunn
Unexpected Rate Increase on BRRRR Loan – Is This Normal?
Hi,
I have two BRRRR loans with Fixated Funding, both starting and closing on the same day. One loan was locked at 6.9%, the other at 7.1%. However, I just received the closing docs, and the rate on the 6.9% loan has...
John Hicks
Should I try and consolidate 3 mortgages with a portfolio lender?
Esteemed REI's,
I wanted to get some opinions on my current mortgage situation and see if there is an option that will possibly lower my interest rate and payment on 3 long term rentals I have. I hear a lot a...
Drew S.
Cash Flow Analysis & Modeling
Hello BiggerPockets Community,First time poster here. My wife and I are in the process of acquiring our first rental property with the intention of using the 'Buy and Hold' strategy. My background is in financial an...
Elizabeth Thompson
Financing w/cash-out refi
Hi all. I’m brand new here and have a question about financing. I am thinking of doing a cash out refi on my primary home to obtain the funds to purchase my first investment property. I got an offer for refinancing in...
Sean Harris
Delayed financing and BRRRR
I will be buying properties soon and implementing the BRRRR strategy. The thing is, i will be using a HELOC for the full cost of the home plus rehab. To make my payments lower on the HELOC I was thinking of using dela...
Winston Spence
Calling HUD Asset Managers?
There are some HUD homes on the market where noone is bidding because it is too expensive. Do you think calling the asset manager will lower the HUD net to at least 75%? Has anyone ever called the asset manager?
William Dorrough
500+ units owned in under 4 years
i have been buying and building apartment complexes for the last 4 years and am looking for new ideas for financing im looking for some out of the box ideas to continue to scale
Kahntineta Ford
Double closing Vs Contract assignment In Texas
Hello my fellow wholesalers, we are almost ready to dive in but need some advice on whether to pursue the double closing vs the contract assignments method. It's my understanding that with the CA (contract assignment...
Scott Weaner
Should I Pay Points for a Better Rate
We are about to buy or first investment property. I can get a mortgage rate of either 4.375% with 0 points, or 4.125% with 1 point. My calculations show me a break even time of about 5 years. We have plans to keep the...