Max Lichtenstein
What goes into closing costs
How much are closing costs usually. What goes into closing costs? Commission to the realtor, inspections and what not but what else am I missing. If I purchased a property 500k what should I expect to pay at closing?
Steve S.
Rolling 4 rentals into one loan?
Anyone have experience or a lender you recommend to do this?I currently have 4 rentals I’d like to roll into 1. The rates currently vary between 4.24 and 3.75 on 30 year notes. what rates would be possible? Should I ...
Adam Craig
Share your tips on how to save at big box stores.
So far I have been less than efficient on my paint/supply purchases at Lowes/Home Depot.After reviewing my taxes I see that I spent more than 10K last year at both stores so whatever percent I can save will be substan...
Tauren Mills
New construction lending for 2 - 4 units
I have purchased and renovated a few properties and am now renting them. They are all SFR except one has two houses on a single lot. I've used a combination of private lending and traditional lending based on my perso...
Libby Baugher
BRRRR strategy question
Hi all, I have been reading up on the BRRRR strategy and have a question about. One of the R's is refinance....how many times will banks let you refinance? Is there a limit on how many times you can refinance like the...
Thomas Gentry
Financing options - DSCR
Hello BP community. Long time lurker but now am ready to get in the game. I have a couple of questions about dscr loans. What ive gathered- ratio of 1.2 or higher, 25% down, need around 6 months piti left over in bank...
Jeb Brilliant
Need to open a business account but where?
Hi All, I am pretty sure I asked about this before but I can't find the thread. I talked to my tax guy again and he is making me open a bank account at a different bank. Well technically I bank at a credit union. I am...
Mindy Jensen
Can you request tenant screening information from seller?
When you are making an offer on an occupied property, can you request the tenant screening information from the seller? (Yes, assuming they actually screened the tenants.) I've never purchased with tenants in place, a...
Briana May
Buying our first property
Looking at getting our first investment properties and thinking of going with the company LimaOne or the like? What are your thoughts? They seem legit for our first deal but having some hesitation.
Joe S.
Are second lings still a thing on investment properties?
Are anybody still doing second liens or a line of credit on investment properties?PS I see I misspelled my title, but I can’t go back and change it personally. Maybe a moderator can. :-)