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Results (10000)
Chi Sastry Finance Options to buy a 4-plex
14 October 2023 | 5 replies

Hi BP- 
buying my 3rd multi-unit property. 
I’m putting a contract on a 4plex 
I’d like to understand which financing option is better:Option 1 - Residential loan- 7.99%, 30 yrs, 25% down. 3 points at closing plus ...

Marcus Gaethke 5/1 ARM at 3.5% vs Fixed Rate at 5.75%
10 November 2023 | 19 replies

Hello Bigger Pockets - Thanks in advance for any advice
I am currently looking to get approved for a loan for a small multi-family (2-4 units) and am having difficulties finding lenders that will do a 30 year fixed w...

James Keeton Rate and Term Refi After Hard Money
30 August 2024 | 6 replies

Long-time reader, first time poster and investor. In the middle of BRRRR rehab with hard money financing purchase and some of rehab. Plan to eventually cash out refinance with conventional loan in 12 months, but looki...

Conor Freeman Rising Interest Rate Environment
1 December 2017 | 1 reply

I've seen some conversations on BP recently regarding balloon payments, refinancing, and interest rates, so I thought I'd share a short article I wrote for my firm regarding forward commitments and how they vary betwe...

Mohammad Ibrahim Tough Times Tough Decision... Any advice Please?
10 August 2020 | 0 replies

$150k Needed for emergency medical expense my options are...A) List 1 rental which is mortgage free C rated property? or B) List 2 rentals both have a mortgage B/C rated?*All 3 units purchased same year *Option A woul...

Clint Harris STR-Anyone also renting golf carts or EVs?
16 February 2024 | 15 replies

My wife and I own 14 short term rentals in Carolina Beach, NC, and we also co-own a property management company that manages another 54 listings.  We’ve tried to vertically integrate and we just signed on our own line...

Denise Johnson Cost to buy down the interest rate
11 January 2023 | 9 replies

I am considering loan options and want to consider buying down the loan rate.  Went would it NOT make sense to buy down the interest rate?

Prathamesh Joshi 30 year Fixed (max points) versus 5 or 7 yr ARM
27 January 2015 | 0 replies

Hello Hive,I am a first time home buyer and investor. I am buying a duplex and will be renting it out for a long haul. I would like to seek advice on whether to avail of 30 yr Fixed mortgage or 5/7/10 yr ARM. At this ...

Andrew Kaluza Mortgage vs HELOC vs Home Equity loan
9 February 2023 | 2 replies

I'm in the Minneapolis area, I Just put in my first offer on a single family property. I am pre-approved for all three options. I guess I am really looking for a good CPA that can help me with the tax advantages vs co...

Account Closed Cash Out Refinance, HELOC, or Personal Loan?
25 July 2019 | 7 replies

Hey BP. I am looking to make that jump to my second rental property and hoping to get a little advice from the community. Here is the scenario. I owe $250k on my first rental property and it’s worth $360k. I could cas...