Charles Coaston
Do these terms sound right to you guys.
Biggerpockets,I just bought a home through conventional financing a few months ago. Now I'm looking at a duplex that I want to get a conventional loan on but make it my investment property. In order for me to get this...
Kessy Similien
My lender is quoting me 6.75% interest rate?!
Hi, I entered escrow 30 days ago on a leasehold + fee available property. My lender said he could not lock down rates until he received the fee contract from the seller. This took almost 3 weeks to receive and in that...
Garrett Karnath
How to reduce prepaids/closing costs?
Hi! My wife and I are officially under contract with a new primary residence, with the goal of moving and then turning our current home into a rental. What are some things I can do after going under contract to lower ...
Kelly M.
Commercial Loan Terms
Hi! I’m looking to refinance cash out of my three unit rental property. I owe 140k and it’s appraised for 280k, so I’m looking to take out around 60k. Positive cash flow of around $1200 per month before refi. My quest...
Bennett Smoot
VA Refinancing Options
Hey Bigger Pockets,
Looking at refinancing my VA Loan with a VA IRRRL. Any recommendations for lenders? Got a good rate from LoanDepot but reviews have me concerned. Also looking at Veterans United but when the secon...
Mo Fayaz
Dubai rental market investing
Hi everyone, My first post here. Wanted some advice on rentals especially in dubai where the marketplace works differently. In Uae, capital appreciation is based on rental roi. If rents are up, prices are up and capi...
Daniel Ehevich
Cashout refi taxation and advice
Hi All,1) Need some advice. Most of the cash out refinance lender require me to move the property from my LLC to my name for the refinance, is that a normal operating procedure or is it a taxation nightmare to move i...
Baha El Far
help me with a smart decision ( short term rental VS long term)
All,I hope you are doing great.I have an apartment 2bed/1 bath that I own and I am not sure if I should rent it out as a short-term rental/airbnb or long term. I heard the tax rates for short-term rentals are higher a...
Aubrey Ford
Are these normal numbers on a loan disclosure?
Trying to do my first deal and I just recieved a loan disclosure that breaks my deal. With a 714 FICO, 20% down on a $65k purchase they are quoting a rate of 8.5% , adding 4.5 loan points, and a total of $8,825 in ...
Rob Tennyson
STR 2 cleaners: 1-$140/project 2-$250/project. What do I charge?
I have a new STR in 29 Palms, CA and I am using Turno.com for my cleaners. My primary cleaner charges $140 per project but my backup cleaner is $250 per project. The average charge for cleaning fees in this area I've ...