Hey all, I have been trying to get a loan for my second rental property and it has been very frustrating to say the least. I cannot go through a bank to get a mortgage. I am currently unemployed, but I have multiple s...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/614413/small_1710868078-avatar-keeyawangjones.jpg?twic=v1/output=image&v=2)
Hi,
Can anyone explain how some lenders are offering low interest 3.5-4% but I need to pay for points or upfront costs? What does the points actually do? How does this method of lending affect a 30 year fixed?
Cheers!
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2390163/small_1695163539-avatar-monicam169.jpg?twic=v1/output=image&v=2)
I recently inherited and sold a vacant strip of land for $300k. I do not have any other assets and I do not own a home at this time (I rent). I am hoping to capitalize on a 1031 Exchange and thinking of buying an apar...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/171078/small_1621421256-avatar-emptyeternity.jpg?twic=v1/output=image&v=2)
I have seen threads about the section 8 bible series,and it appears BPers only like the first book out of the series.
Now they are back with a new book, Section 8 Secret, which is various ways he has found pe...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/56651/small_1621412396-avatar-smreilly.jpg?twic=v1/output=image&v=2)
Have a hard time seeing the bad in them.
Just had one adjust down for the 3rd year in a row. It's pretty nice to not get locked into above market rates for your mortgage. :)
Interestingly if things do...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1270821/small_1621510853-avatar-bryanb152.jpg?twic=v1/output=image&v=2)
Say someone wants to sell off some SFR properties they currently own (individually) and take the proceeds as a 1031 Exchange and invest into a LLC that is going to invest in single family real estate. Under what circ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/672420/small_1621495172-avatar-tiffster40.jpg?twic=v1/output=image&v=2)
I met a pair of friends this week who had an interesting arrangement that worked for them, and I'm curious if anyone else has contemplated this or come across it. Friend A was older, wealthier, and wanted a vacation h...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/484271/small_1694643107-avatar-davidf94.jpg?twic=v1/output=image&v=2)
Looking to offer a couple of rentals I own outright in a 1031 exchange. I read about the need for properties to be seasoned before undergoing a 1031, but I'm not expecting to have any appreciation subject to capital ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/73503/small_1631107561-avatar-nates5.jpg?twic=v1/output=image&v=2)
As the subject questions; what is the most effective tax strategy during the buy and hold growth phase? While working to grow and add additional properties, would it be a good idea not to report any expenses to your C...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1484971/small_1695139886-avatar-rahsonj.jpg?twic=v1/output=image&v=2)
Does anybody have some real estate agents in Philadelphia or nearby that work a lot with the VA loan. Right now I am working with a redfin real estate agent but I don't feel he fully understands what I want and how I ...