Luke Chen
Refinance to pay down or pay off another mortgage?
Hi everyone, I'm assessing whether to cash out ReFi a property to completely pay off another mortgage, or just pay down the second mortgage and ReFi. Paid off property could use HELOC at a higher rate, or ReFi at a l...
Christian Leon
Lender shopping for a Better Rate
Hello BP Community,
I have just put an initial offer on a property in JAX, FL with a preapproval, but I want to shop around for a better rate. Currently sitting at 3.875%. Anyone have any suggestions on a good lender...
Cheza M.
Is the interest ever going to come down?
Hi BP Community,I’m planning to buy my second turnkey property, but I’m a but hesitant because the lenders are on par for rates and no one is giving any fixed rates right now until they hit underwriting. The down paym...
Kegan Brenner
To refinance or not to refinance
Hello BP Group!
My wife and I have purchased the real estate to our dental office and want to see how we can maximize our refinance. Our current interest rate is 4.32% with a 15 year note. We current have about $500k...
Subhosh Kiran Perikala
Convert the garage to a gameroom in Kissimmee?
Hi everyone, I bought my first STR in Kissimmee, FL one of those vacation villas, and its being run by a property manager currently. Its been like 6 months and its not cash flowing at all due to being the brand new li...
Haneesh Lakkamsani
Lender Options for Investment
Hi Guys!
I am in the Chicagoland area and looking for a lender to refinance my home into an investment property. Any suggestions on who I should reach out to to start shopping around for best rates? I have talked wit...
Reginald Johnson
Hard Money Lending for beginners
Has anyone had experience with hard money lending? I have a 2 family unit that I pretty much own out right. It needs about $25K in repairs to make the property presentable/livable. I've tried the traditional loan, b...
Troy F.
Does anyone use VRBO or Airbnb dynamic pricing?
I'd like to know if hosts are using the dynamic pricing tool on Airbnb and VRBO. If so, do the suggested prices seem to be paying off? I update my prices weekly, adjusting just a bit here and there according to my o...
Pavan Kumar
Blown Away - 7.5 % with 2.25 points
Just got of a call with the Builder's lender financing team. This is for a new construction SFR (expected completion - Sep 2024) which will be used as Investment Property.
That's the rate they quoted (7.5% with 2.2...
Mike Davis
Methods to Determine Value of Commercial Property
I see a lot of great methods investors use to determine the value of commercial property. I wanted put them together in this post for reference and I will post this on my blog also in Bigger Pockets:1. Gross Rent Mult...