What's up BP!

So here's the thing. I'm ridiculously indecisive about choosing which loan/rate to choose for my first multi-unit rental property. Almost to the point where it doesn't make sense to me why I'm beating m...

Specifically for an investment property, as a buy-and-hold investor, would it be wise to take out a 5/5 ARM as opposed to a 30 year fixed loan (since it is very difficult to find a 30 year fixed conventional loan even...

Hey BP -

I just went under contract for my 3rd large duplex in Utah, this one for 378,000. I have a choice in my financing: to do a 7/1 ARM or a conventional 30 year. My other 2 properties are on 30 year fixed. I hav...

I have thus far only done fixed rate and fixed term deals.  Easy to plug into the BP calculator and see if it makes sense.  Any suggestions on how to analyze ARM deals?  I'm looking at a portfolio of properties, local...

I am trying to weigh my options on if I should go with a 5/1 ARM or a 30 year fixed mortgage. I was leaning towards the 5/1 , because

1. I could get a cheaper interest rate initially

2. I don't plan ...

I spoke with an accountant who recommended I compare a 5/1 ARM vs a fixed rate loan in a spreadsheet. They said many times the ARM is the better option since less money goes to interest and you get lower payments whi...

I currently have $55k in equity in my main property. I have some favorable terms for a blanket loan and want to acquire two more properties with a loan amount not to excee $190k. My current mortgage balance is $74k wi...

Hi BP, We bought our 2br condo bought back in 2012 for 500kWe took out a 7/1 ARM that's currently at 2.625% - will end in 2019.Remaining mortgage amount to be paid is 233kRelated info if useful, similar sales in our c...

Im trying to see the difference between a $500k 4.5% 30 year and a 3.76% 7/1 ARM but cant seem to find a calculator online. Im trying to finance a property coming up and was quoted $2500 or so for the 30 year at 4.5% ...

My mortgage officer offered a 20 year mortgage and a 10/1 arm. It almost makes my mortgage payment to the point where there would be no cash flow. Why wouldn't she just use the standard 30 year mortgage. I'll talk to ...