Craig De Borba
Looking for guidance - here’s the scenario, your thoughts?
Hi All,I’ve been learning a lot reading though the threads in this community and finally have something to post about.My background: RE appraiser and loan financing way back pre-2008 crash, helped family landlord mult...
Scott Golembiewski
Need help quickly on mortgage advice
I finally got an accepted offer on a home and had a preapproval on a VA loan but found out today that my score is one point below the minimum. Can’t believe this happened.
They suggested i make a payment on one of m...
Demetreious Walston
New investor/ Looking for advise on a not so common situation
Hi Bigger Pockets!
I would first like introduce myself: My name is Demetreious Walston, I just turned 21 years old, I am in the Army Florida National Guard, go to school at the University of Florida, and I am new ...
Robert Medina
Looking for conventional/market rate loan for four plex in Napa.
Greetings, looking for some suggestions. I'm in between projects and have a property (a four plex) in Napa, CA that doesn't have any leverage against it. Property will likely appraise for about $1.5. I completely reha...
John Knight
Offer Strategies - Commercial 75% LTV
Hello. I am a Realtor and have an Investor wanting to purchase multiple properties. His Lender will go 75% LTV. Is there a Strategy to minimize or workaround the 25% out of pocket? He is suggesting asking for a Seller...
Neil G.
What to do with 1st STR - Not Cashflowing
Hey all, what would you recommend doing with a STR property that's just barely breaking even after all expenses? It's a 3 BR old bungalow in Tampa that I'm renting out on Airbnb. My prop management is handling everyth...
Nick M.
Are these fair commercial terms?
Hi All,I've received a commercial term sheet for my first commercial property ($390K loan on $520K purchase):10 year maturity, 25 year amortization. During the first five years fixed at 4.75 and then after first fiv...
Amir Khan
Refinancing apartment complex (10-20unit)
Looking for advice/suggestions. I currently have loan with a bank on my small apartment complex. I've owned it for a year now, I am wanting to refinance and cash out. I have good relations with my existing bank, is it...
Victor Hugo Acevedo
Cash-out Refinance vs HELOC at such low rates!
Hello BP Family,
I am interested in hearing your thoughts (possibly even using as a recommendation) regarding the option of doing a cash-out refinance on my primary residence or refinancing and taking out a HELOC?
...
Roy Mitle
Trying to understand cash out refi
Suppose I buy property with cash (to get a better deal, quick close etc). Can I refi with a mortgage and get the same rate down the road?Let me explain. Say price of home is 500K and investor mortgage rate is 4.5%. I ...