Enwan Casson
Cash out refi
Good afternoon,
I want to do a cash out refi for one of my rental properties. I have two loan options to select from (30 year fixed and a 10/1 arm). 30 year fixed has an interest rate of 7.875% with a 54321 payment ...
Shedrick Archangel
Invoices and Receipts
Owners when you have a property management company, when do you receive a receipt or invoice for the items that were fix or replace in your rentals for the month so you can keep for your records?
Jesse Smith
Brrrr method finance
I’m looking to secure my first brrrr deal soon. I have a line of credit to use for dp and rehab. I’m curious how to get financed. I have everything in place to fix it and put it up for rent. Any private lenders out th...
Roberto Santana
Paying mortgage monthly or bi-weekly?
I've read that just by switching your mortgage payments from monthly or bi-monthly to bi-weekly you can save a ton on your interest over a 30 year period. This led me to researching the difference between bi-monthly a...
Tony Tran
Maintenance Every Other Day
BP Family,Have you ever had a tenant that always calling you to do a maintenance? Or consistently finds a problem for minor repairs? What have you done differently to reduce the numbers of complaints that something th...
Mike A.
Low cap rates on buildings. How to make it work?
I've been searching around the Yonkers/New Rochelle and Stamford/Greenwich area and the cap rates are incredibly low; almost not even there. I am seeing 1% - 3% cap rates in these four cities. What gives? How does one...
Nathan Claire
Become A Realtor, While Staying An Investor
When real estate investors hear someone pitching for them to get their real estate sales license, their immediate response might be “but I don’t want to work as a real estate agent, what’s the use in getting that?” Th...
Nick Johnson
Where can a BP member ask about TurnKey providers?
I have had posts deleted 3 times over the last 2 hours without any explanation of how to fix the issue at hand. BiggerPockets is where I first learned of "Turn Key" type investing. Are we no longer allowed to ask abou...
Justin Heileman
First rental home loan financing
Hi,
New to Bigger Pockets! I am investing in my first rental property, which is a single family home. I’m trying to decide on financing and what type. My question is what type of loan financing does everyone suggest...
Chris Oak
Best Financing & OPM Options For New Investor With Low Cash?
Hey everyone!I'm looking to get in the real estate industry; specifically looking to do fix and flips. I was wondering if any experienced RE veterans could suggest financing options based off the situation I'm in:**I'...