Dane Moreton
Thoughts on current interest rates
I'm looking to get into my first property as an investor; specifically, a SFH rental. I have $40K for a downpayment, but, as this is an investment property, I am looking at 7.125% APR with 25% down, or 7.5% with 15% d...
Lacee Beitler
Student loan consolidation
Hi everyone!
For the investors out there stuck with some serious college student loans... Did you consolidate? If so, how and through who? My loan(s) are constantly being "sold" and my variable interest is outrageou...
Lazaro Dinh
How to properly account for expenses on a rental portfolio.
We are under contract to purchase 40 duplexes in Florida, 100% rented, class A and some B with long term tenants. The 40 buildings are in good shape with 60% of AC units being less than 5 years old and 90% of the roof...
Mathieu White
First time buyer, should I go for seller finance?
Ive been pre approved for a 110k FHA loan, but I’ve found a underpriced, $170 k duplex in a hot area. To the direct west is the city’s biggest public park and highest home comps, $400k +. To the direct south is a bran...
Rick Howell
Curious How Appraisers Determine Values of Properties?
You may have a number in mind when you think about the property value of your home, but a local appraiser may have an entirely idea of what your home is worth.A home appraiser has the power to make a big difference in...
Mick Saavedra
The "Refinance" Part
Hey guys, so I'm currently in the "Refinance" portion of my second BRRRR deal on a property that was purchased all cash- I just locked down a rate of 5.99%... definitely not ideal when compared to my first deal over a...
Andrew S.
3 day notice after partial rent payment
Happy Monday BP,
I have an inherited tenant that has paid $340 out of the $500 monthly rent. I use Cozy for rent collection, which allows partial payment. Our lease have a $50 administration charge after the 5th s...
Kit E.
VA Financing for multiplex
So I found a beautiful apartment complex in a historic part of SLC. Newly renovated with tenants in place and one open with a place for me. The sad part it is a 6 plex which means I can't use my VA benefit to take ...
Phil P.
Newbie from Central Jersey - critique my potential 1st deal
Hello all, I'm a newbie from New Jersey and I've been reading up on a lot of forums here in BP, and I have to say to myself, why only now? A lot of great discussions from different perspectives, all in all great help ...
Axel Meierhoefer
Are positive cash flow SFR deals at 7% interest rate possible?
I am wondering if there is any historic precedence where the mortgage interest rates have shot up as much as they have recently without the FED really changing the rates much? There has been a ton of noise in the medi...