I am 2 days from closing a cash out $250k refi on my 2 family. My bank is offering 4 5%. I am disappointed, as the recent articles I am reading about the Fed's position are referencing rates much lower. My lender is ...
I have a tenant who is claiming Covid assistance, and my PM has filed with CERA and we are just waiting for payment. My PM has reached out to their office as we are told a "check" will be sent or we cna possible come...
Hello Everyone,I am considering a cash out refinance and I came across an article that states I must utilize the money from the refi to improve the property or buy another property to ensure the mortgage interest is a...
Hello once again BP Community!Just a few questions about the ABCs of neighborhoods. I've heard a few guest on Bigger Pockets podcast refer to buying properties in B and C neighborhoods. Some say they stay clear of D n...
Hey Everyone,
I am looking to do a cashout refi to BRRRR a rental property into another property. Currently we owe approx 240K and the place is worth approx 500K. I can't find a single lender that will even talk to ...
Hi BP community!
I live in a condo located in Walnut Creek that I plan to rent out in the future. I purchased it for approximately $500k, and it is now valued at $635k. My mortgage interest rate is 3%. However, the ...
Is there any way that STR rental income can be considered "active" from a tax standpoint? I spent a lot of my time working on renovations myself, and manage it myself, but I have not manually tracked the time investe...
Hello! I just listened to the latest episode of the BiggerPockets OG podcast where the guest was referencing conventional investment loans with a 15% LTV. Does anyone know where such a lender might be? Looking for lon...
Hi everyone,
I have read many of the posts and replies to posts referencing the foreclosure process here and have also gone through the BP Foreclosure book which has been incredibly helpful so far.
I have a more s...
Hey everyone! I'm looking for a foreclosure-specialist broker in the Raleigh, NC area, the kind who wants to earn himself 12-30 deals per year and knows how to run the numbers to make that happen.Thanks!