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Results (10000)
Patrick H. Mortgage, HELOC or HEL? For extra cash for investing.
9 March 2013 | 9 replies

For a property that does not have a mortgage, what is the best way to get cash out for investing purposes, whether it is for another property purchase or putting the money in the stock market.

A HELOC or HEL is pos...

Chad C. How does loan discount point work?
17 April 2024 | 7 replies

Dear, BP fellows, 
I have been looking for investment property loan info for AL and recently get quoted with 30years interest rate 7.625% with 2.125 discount point. So for a property around 200k 20% down, right off t...

James Kim 2% cap on seller credit for qualifying loans
14 November 2023 | 12 replies

Hello,thank you in advance for your responses. My question is whether the 2% cap on seller credit applies to credits (rate buy down cost, closing costs etc) only applies when the credit is coming from the seller?Does ...

Chad S. How does our loan quote look?
27 October 2015 | 12 replies

My wife and I are looking to invest in a multifamily building on the north side of Chicago. We'll go from renting, to being landlords in an owner-occupied 3 unit building. Our real estate agent recommended someone at ...

Jeremy H. Calculating the "Cleaning Fee"
2 December 2022 | 23 replies

How do you personally calculate the cleaning fees?I've been running into this lately in my STR analysis. I have talked to PMs in the area and am told the "cleaning fee is a pass through cost" - I understand that the g...

Jason Thomas HELOC vs Cash Out Refi on Primary residence to purchase Rentals
29 August 2019 | 2 replies

Looking for guidance and insights from fellow BPs.
My primary residence is paid off, so what would be smarter...take out 300K to purchase in cash a couple duplexes via HELOC or Cash our Refi?? As I understand it, the...

Jason Prendergast Does anyone use mortgage brokers?
1 December 2019 | 10 replies

We're looking to buy our next property and wanted to know if mortgage brokers are a good idea. The 2 of us have very demanding/time consuming jobs (that we plan to get away from, thanks to BP) and dont have the time t...

Rich Weese commercial loans and lenders
12 June 2012 | 13 replies

I have just received a re-fi quote on my 154 units in Dallas on following terms. I think I like it. What say you if you are knowledgeable in ACTUAL current funded loans.
Adjusted rate and term refi

4.75% rate
25 yr a...

Joe P. Should I refinance by duplex?
2 October 2020 | 16 replies

Hi all -- looking for your opinions on this. I have a duplex in NJ and my mortgage loan is a 30 year, 5.625% rate, 77,175 initial balance, opened August 2018. It's now down to about ~75,000. My principal and interest ...

Dustin Glossop Vacation Rentals- cost going up for Hosts 20% ??
3 May 2018 | 8 replies

In the vacation rental space? Did you read this article https://www.phocuswire.com/Expedia-HomeAway-marketing-model-strategyThoughts? Travelers looking elsewhere and for that not to happen. They want to push the cost ...