Ben Zelenka
Online Savings Accounts? Where to go?
Hey BP, I have been looking at a couple online savings accounts to park some money in. Ally savings rate is 0.60% if I am correct. I also saw Chime.com but didn't know how reliable it was. It's APY is 1.00% and it als...
Thomas McNeil
Determining When To Buy
Hello,Total newbie, so forgive if I am missing some things. I would like to invest in a house hack in my area (Sarasota, FL) and everything you hear on the news is about how high interest rates are and that they will ...
Michael Cai
Should I sell my house or rent it out?
I'm moving out of state and trying to decide if I should sell or rent my current home.., my current house built in 1996 is worth about 630k, mortgage balance is 210k on it. monthly payment is 2100 including tax and in...
Molly Haggerty
Fixed rate or ARMs for buy-and-hold property?
Hi all,New to BP and REI but looking to purchase my first investment property soon. I inquired with a mortgage lender and was provided several options for financing: 1. Fixed rate mortgage for 30 years2. 3 different A...
David Brown
Portfolio Lenders in Utah
I am looking to do a portfolio loan for my residential rentals. I have spoken with some of the smaller banks/credit unions but would like to hear feedback from the Utah group. Any positive/negative recommendations o...
Bennett Smoot
Refinance from 15 to 30 year
I know people often refinance from a 30 year to a 15 if they can get a competitive rate that does not dramatically increase the monthly payment. I am looking at doing the opposite. I bought a property (my first) with ...
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...
Matt Lorenzo
Use a Home Equity Loan to Pay Off Newly Purchased Home?
Hi all,So, my situation is as follows. I currently own 1 condo, and recently purchased a duplex. Both properties are in Cleveland, Ohio. My condo is paid off in-full. It currently appraises for $63,000. I put 25% down...
Jack Vazquez
Sell or rent out condo in 2024?
Hi Everyone!Looking for any feedback that you are willing to part with on a situation I will be in next year. So, it is currently 2023 and I was originally planning on selling my gated condo with a small backyard and ...
Allen Berrebbi
Cap rates with new Interest rates
How has your strategy changed regarding cap rates with much higher interest rates, if it has?