Are great real estate deals gone for good? Not so fast! High interest rates, inflated home prices, and low inventory have made things difficult for investors, but by looking beyond the multiple listing service (MLS), ...
Shaun Lloyd
Combatting rising HELOC rates
Greetings all and Happiest New Year!In 2022, I pulled out a $95k HELOC (Adjustable Rate) as Down-payment to buy a duplex for rental income. However, since the fed keeps raising rates, the payment has gone from $325 to...
Ashley Garner
prepayment penalty options - which is better?
Getting ready to buy a multifamily - loan will have a prepayment penalty - bank has offer me two options: 1- declining term option (5%, 4%, 3%, 2%, 1%, 0%). 2- treasury yield (basically it takes the rate you lock in ...
Daniel M.
Seeking Insights: Choosing the Best Mortgage Option for an Investment Property
Hello, BiggerPockets community!
I'm evaluating three mortgage options for an investment property and could use your expertise. I'm trying to determine the best fit for my situation and would greatly appreciate insigh...
Christian Requejo
Pros and Cons between HELOC and Bank Construction loan for New home construction
Hello everyone, I need advice in reference to using a HELCO or Bank Construction loan to build a new home. I have a lot and I want to build a new home on it as my primary residence. I currently own a home with a lot o...
Juan Lizarazo
Higher rate with 1% pre-pay penalty vs lower rate with 5% yearly decreasing penalty
Hello beautiful community! In the ever-evolving landscape of investments, I'm curious to hear about the strategies that savvy investors are currently employing. I am navigating the financing of a deal via a DSCR loan ...
Derek Lee
Tapping into Equity - HELOAN vs Sell
BP Community, thanks in advance for your input. I would like to get your thoughts on the most efficient way to tap into equity.
I purchased a SFH and Duplex back in 2020. Both properties are currently at a 50%~ LTV....
Phil Deshay
Looking to refinance a tri-plex for a lower rate in houston
I own a triplex in houston in the name of my llc. It is an airbnb property and i currently have an interest only loan at 8.3%, I would like to refinance for a lower rate. Are there any options for a scenario like this?
Candice Menard
Loan option question
Situation-I am using a non-recourse loan along with my solo 401(k) funds to purchase a rental home.
Borrowing-130,000.00
Loan term options
Fixed rate20 year loan 6.5%
Variable rate 25 year loan
10/1...
Dustin Taylor
HELOC, Interest Only, Hard Money
Any lenders offering HELOC's on investment properties? Are any of these options a fixed rate? Any lenders offering interest only loans?Any lenders offering 5% down payment for a hard money loan on the right property?