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I have 11 years left on 15 year mortgage of primary residence turned rental. PITI is 1,500. Potential rent is 1,600-1,800. After I factor in capx, vacancy, etc. I'm negative cash flow. But factoring in tax savings and...
Disclosure: I'm a total newbie to Bigger Pockets and real estate investing world. And my apologies for the catchy title :) Here's little background to my question. I had purchased a condo in 2018 for 455k, with 5% dow...
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Hi all... I have an 8 unit building that i am evaluating. I have a few financing options to entertain and i would like you feedback. I don’t want you to focus too much on the details of the income/expenses (imagine th...
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I’m finally almost done with the updates that I wanted to do on the duplex I bought last fall, which means that it’s about time for me to start shopping for new deals. I’d prefer not to move and take another FHA loan...
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What’s going on everyone?I am currently seeking some answers or advice on how to go about refinancing my portfolio.Is there anyway to go the commercial route and have the portfolio valued by the income approach? I’ve ...
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Hi BP,Long time stalker, first time poster! My name is Alvin Pereira and I am a 29 year old fitness athlete/trainer and technologist. Like most of us, I stumbled into real estate investing by nature of life. I did my ...
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Hello All,
My name is Sean and my background is in creating graphics for film and television. I have no real estate investing experience save for the home I'm currently living in. I purchased it about 5 years...
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Hi all. My father recently retired and he’s struggling to make ends meet. My parents owe about $20,000 on their original mortgage on their home, and there’s a HELOC with a balance of about $40,000. The interest rates ...
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I have several commercial office buildings(6) that I refinanced in 2018 with a portfolio loan. This loan is about (5) years into a (10) year pre payment penalty of 10%, carries a current rate of 4.76%, adjusts next Ap...
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Does anyone know of a lender that offers second mortgages on rental properties? I’ve been working with several lenders for DSCR loans, but I’ve found that the fees are quite high, with minimal benefit in terms of lowe...