Joe Moore
Mortgage after foreclosure
Okay, I know that after foreclosure, I can eventually get a new mortgage. I also know many here have had foreclosures. The question is of you that have had these foreclosures, how long did it take before you were ab...
Matthew Kaufman
Financing for Duplex
Hey everyone,Exploring financing options for a duplex in New Haven, CT. The lender my agent put me in contact with is telling me that rates for an investment property are currently low 7's with 2 points. 30 yr fixed n...
Young Kim
Reserves for maintenance & repair
Hello Bigger Pockets Fam,I was wondering how much I should be putting aside for reserves for maintenance and repair costs for my rental property. I do not want to underestimate the cost and get hit with a lump sum lat...
Oleksandr Ivanovskiy
Reporting delinquent tenant to credit bureaus
I had a tenant who did not pay rent for 4 months. I took her to court and obtain a judgment .Any suggestions how to collect on a judgement and also report her to credit bureaus.It looks like credit bureaus and collect...
Chandler Harker
Banks that offer LOC on a rental
I’m an investor from Indianapolis with one investment property so far. Looking for a LOC for this property I own free and clear. I just want a LOC because I don’t have another property lined up to put the money so don...
Angelique F.
Private money 30 year fixed, prepayment penalty?
Hi,Im considering taking a 30 year fixed private money loan and wondered, do all or most private lenders penalize you for paying off the 30 year loan early? I may want to refinance after one or two years because the ...
Todd Moriarty
How many basis points to add to 10 yr treasury?
My goal is to quickly valuate apartment buildings with current accurate data. (i.e. interest rates, insurance rates, future taxes, future expenses, etc.)I'm trying to determine what the commercial loan interest rate w...
Hunter Waterman
Rhode Island Home Equity Line of Credit (HELOC)
I'm looking to get a HELOC on a non-owner occupied 4 unit investment property in Rhode Island. Does anyone know of any lenders that would do this?
Deanna Miller
Flexible loans to get my foot in the door in Real Estate
Hello everyone, Im trying to see what options there are and where to look for an transactional loan and what the requirements are in order to get one. Currently my credit isnt the best due to student loans that i rec...
Arthur Voskanyan
Understanding FHA income levels
I’m looking for some general knowledge about understanding FHA loans. Are there income cut offs for qualification for FHA loans? For example, If your income is $100k+, you can still put down a minimum 3.5% with a scar...