Wesley Myers
STR loan options in these times?
We have a contract on our 2nd STR. Current approval from one bank is 30/yr at 6% with 20% down. Is this the norm these days with excellent credit? What about borrowing against a 401k or borrowing against our current S...
Jim Bentley
Tenant wants to install tornado shelter
My tenant called, and they want to pay to install a tornado shelter (this is the kind that goes in the garage floor; only takes a couple of hours and costs around $2500). This is in Oklahoma, about 15 miles from wh...
Kevin L.
Should I buy in Los Angeles before it is too late?
I qualify for up to 850k at the absolute MAX and I am able to pick up a 4 bed 2 bath in the San Gabriel Valley. All my friends and family are here and I lived here my whole life. It has always been a dream for me to o...
Vikram C.
Multiple choice counter offers?
I have had a couple of bad experiences with appraisals coming in very low with certain lenders and have taken the suggestion of some BP members to try to convince buyers to use my lender.
I have offered a variety o...