Michael Rivera
Is it possible to negotiate a mortgage rate?
Hi,I have a question. Is it possible to negotiate a mortgage rate? What is your comment on this? I was searching for this for a long while. I think the experts here can give an exact answer to this query. Also, I cam...
Jack Pyle
The Fed lowered Rates by 1/2%!! Why aren't mortgage rates coming down.
Many people tend to think that the Federal Funds rate controls interest rates. The Federal Funds Rate is the overnight lending rate that Federal Reserve Banks charge each other for overnight lending. (We individual ...
John Richardson
Low down payment 5%
Was wondering if anyone knew of any lenders that do 5% down payments. What are the requirements typically and does what's your experience with it? Thanks in advance
Account Closed
Rental Property Tax Question
If an individual purchases a rental property and incurs expenses for property management, maintenance, and mortgage interest, how are these expenses typically treated for tax purposes, and what impact do they have on ...
Rashad Luckett
Buy/Hold #7 is Complete
Check it out.......https://docs.google.com/document/d/1sznc5WkhNhsl7Y...Purchase: 67k Rehab: 33k Rent: 1125/mth
BRRRR: Refi with commercial LOC @ 85%LTV, Appraisal came in at 130kOn to the next one.....
Laura Janosko
Yes you can get started in affordable housing
In the forums, I've seen some confusion about how affordable housing is defined. For some it means anything below market rate and for others it means LIHTC or Section 8. From a lending perspective, affordable housing ...
Jonah Kubath
Cash out Refi on Current Home for Investment Property
I want to buy my first rental property. I decided to call a CPA in the Washington DC area and he informed me that cannot claim the deductions on mortgage interest when you do a cash out refi. He also said that the m...
Cat Bauer
I'm not following cash out refinancing
I have a few single family long term rental properties and am looking at purchasing a larger commercial property. My realtor advised what most investors do is pay cash for a property, then get a cash out refi after th...
Dan K.
What are terms for a typical second note/seller financing?
Hey BP!I'm hoping to acquire a few more rental properties quickly, and began reaching out to a few owners of larger buildings who may be willing to help with seller financing.I was hoping to find a seller that is will...
John H. Hill Jr.
Second mortgage... who is responsible?
Hello BP family!Okay so Google, nor the internet thus far has been my friend. Can someone please explain to me who is responsible for paying the second mortgage if I purchased a home that has a second mortgage on it a...