Anique Akhtar
Whole Life Insurance during Covid and Inflation
Hello,
I don't want this thread to become another WLI vs REI. I have gone through the previous post and I understand why some people like WLI and why some people despise it. My question was whether it is specifically...
Clint Cook
Property Managment Fees for Vacation Rentals
I'm a newbie, who is looking to start with a buy and hold of vacation rentals. Being my first time, I've got a ton of things to figure out. One of them is property management fees. Property management fees seems ...
Tim Crosby
Streamline FHA Refinance Opportunity
Hey, so about 2 weeks ago I was contacted by a company, Village Capital, who said they wanted to help me by refinancing my current FHA mortgage down to a lower interest rate. They said they could offer me this because...
Kelly Jenrette
First Time Investor wanting insight
Hello BP Family!My name is Kelly Jenrette, and I've been a Pro Member for a little over a month. I've been listening to various podcasts, reading books, etc. My husband and I are new to investing and excited about t...
Luis Rodriguez
Buying a 2 family in NYC with a low down payment
So my wife & I were looking to move to Long Island because we thought anything in NYC where we wanted to live was too expensive for us. We ended up finding a 2 family property where the numbers work. We have great...
Maurice Smith
refinanced my loan , need advice before closing
BP,
I need some input , what would be considered a good interest rate on a 4 plex investment property ( non owner occupied)? I closed at 6.125% with a loan amount of $277k back in feb 2019. I refinanced at 4.875%...
Robin Tan
Help! What type of refi do I use for BRRRR?
This is my first BRRRR project and am not sure if I'm getting a great deal on my hard money loan. I'm also confused as to what type of refi structure I should go with? I read on Bigger Pockets that finding a lender to...
Susie C.
First DSCR - Are these costs normal?
I am planning to secure my first DSCR loan. I have a property in mind that is 350k. The lender sent me the following options (attached photo). I am a little bit confused on why the monthly payment is so little? For ...
Jim Gleason
First time home buyer programs
Whare are the first time home buyer programs that I should be looking into? I know that there is some sort of governement assistance out there, just not sure where to look.
I live in Michigan, am married and have a ...
Terry A.
Property Manager Fees Questions???
We are under contract with our first property and will be using a management company. We are out of state with the property being in Georgia and will be getting an 8% fee. I have a few questions on other portion of t...