Hello,
Currently I have $150 cash flow monthly from a rental property with interest rate 3.0%, and I would get >$400 cash flow if I do refinance (of course, higher interest rate for sure). What would you do? keep...
I recently renovated and rented my first row house in Washington, DC. The deal performed well and I'm curious if ya'll think I made the right decision when it comes to HELOC vs. Cash Out Refinance. I'm new to the fina...
Hey everyone, in the final stages of deciding which route makes the most financial sense.We live in Texas and currently House hack a property and are wanting to utilize the equity built up in this home to the next one...
In my limited experience, lenders predominately offer the same thing (though I could be wrong about that). What would you recommend looking out for (characteristics, credentials, etc. they should or shouldn't have)? I...
Hello BP,I am new to investing in real estate. I am hoping to get some input on refinancing: strategies, pros and cons, worse case scenarios and any other tips.I'm aware of the BRRR method. I have 1 rental.I haven't...
I am somewhat new to the commercial terms. My lender is offering a commercial loan at...4.25% with a five year fixed rate with a 20 year amortization and a 20 year term.Just to confirm, this means the loan can have th...
I have an interesting question i'd like to get some opinions on. I just built a duplex out of pocket (all cash) and am going to move into one side and rent out the other. I want to take the cash back out. Which would ...
We have a home in a desirable area and a couple of folks have asked if we'd consider owner financing, so we're considering it. We would obviously ask for a down payment, proof of income, and proof of insurance. We'...
Does anyone have any recommendations for sourcing a HELOC? Some banks arent offering HELOCs right now and rates are all over the map. Looking for a way to get a few properties quickly without multiple applications.
Hey BP,I would love input on what you guys would do in my situation. My mom bought a house and we were thinking of renovating the house so we can refinance and buy another property. We bought the house in 1997 for 250...