Daniel B.
Refi on blanket loan question
We have two properties worth approx $220,000 and $125,000. We (my wife and I) have a blanket loan that is now $169,000. This loan is amortized over 20 yrs but had a balloon after 5 yrs (4 1/2 remaining). We are lo...
Brian R.
Young, Tiny Income but Great Credit and Chunk of Cash
Hi everyone,
My name is Brian, this is my first post here and day one as a Bigger Pockets member. Happy to be joining you all!
The Issue: I want to buy real estate leveraging OPM but have no suitable in...
Craig Desnoyers
PMI with a lower interest rate or no PMI and a higher rate
Hey everyone, This week I signed my first contrast for a duplex and went to two different lenders in my area for pre-approvals. My question is which loan is better in the long run. I am purchasing the property at 125k...
Jennifer Hollander
Long or short term loan for first rental property?
We became landlords out of necessity when we couldn't sell our house 10 years ago. We've not had a lot of luck with tenants thus far and recently tried to sell again. No luck yet. I"ve been educating myself more wi...
Bernadeau C.
Separate electric and water meter or back bill tenants?
All,i am looking at a 9-unit at the moment, that has one meter for electric and water. I did my analysis without including the utilities because i was under the impression the property was separately metered.Would you...
Will Kaufmann
How do you refinance a flip?
We are listing a flip soon and looking for alternative exit strategies in the event we cannot sell by the time our loan terms. At the moment, it does not look like renting is a viable option as the market is thin for ...
Frank Martino
Property insurance company recommendations
Hi everyone, I am new to the site. Anyone have good recommendations on property insurance companies, I have properties in Georgia, Indiana and Mississippi. The company I am using recommended through roofstock is ter...
Ugur Altindag
Eviction related questions
Hello everyone, I am a new member of biggerpockets.com, this is my first post, wanted to ask few questions to any member who experienced eviction before. I really appreciate it. I have purchased my first MF ...
Ken Badziak
PMI for 5 years?
Ok, so here's the situation. While flying a transcon from Baaaaahston to Sin City, I found myself having a discussion with the other cockpit monkey about his house, which he owns down in the Ft Meyers area. He bought ...
Austin Farsai
Buying first house hack
Hey everyone so I am a first time home buyer and found a great deal as well as an adu attached zoned for more on about 7k sqft lot. I am looking at the property and seems to not have different metering devices. So for...