Amelia Casalenuovo
STR Deal Analysis (AirBNB VRBO) in Tampa Florida (Brandon area)
Hi!Looking to see other's input on this deal in brandon, FL. The property is in a great location, just 20 min from downtown tampa and just over 1 hr from disney /east orlando. This will be our first investment propert...
Brian Gibbons
MHI SAFE Act comment letter filed with HUD March 1st
I thought I'd pass this along to the members of BP...
MHI filed the following comment letter today regarding HUD’s proposed rule on the SAFE Act.
The deadline for comments is this Friday, March 5th. Please fell fr...
Chris DeSisto
Mortgage broker vs a loan officer?
Hello,I don't quite understand the differences between the two. Does a loan officer work for say Wells Fargo and a broker worker for a mortgage company? Are they the same thing? Do they have different licences? Does...
Michael Plaks
EXPLAINED: 1098s and 1099s for private lenders
This is one of those confusing tax issues that does not have a short answer: do I need to send Forms 1099-INT to my private lenders, and do they need to send me Forms 1098?Part 1: Forms 1098 from private lenders to in...
Chris Lamm
Private Money Tips Requested
Hello, I’m starting to dabble with private money and may get into it more.I have some docs from an attorney drawn up but I would love to get some referrals or recommendations to private money servicing companies that ...
Vikrant Prakash
Short Term Rental House Hack
I am new to this forum but have seen some really great posts, advice and experiences shared on this forum. I am new to real estate investing and thinking of starting off by doing a "house hack" via renting out the unu...
Earl Jornales
Conversations with Lenders
I've set out a path to buying a multifamily and have been trying to compile a list of mortgage lending options. I'll be on a call tomorrow with a mortgage expert. They're local, have good reviews, their opinion shows...
Brett Lee
Fed cuts rates to near zero... What will that mean?
Last week I shopped refi rates on non owner occupied investment mortgage. After some searching I was able to get rate of 3.625%. However I did not lock it and rates have since increased. Today I see fed will cut ra...
Corey Dutton
Borrowers to See Mort Payment Spikes with HAMP Expiring
The U.S. Government’s HAMP Program (Home Affordable Modification Program) is about to expire. Over $1 MM homeowners were able to take advantage of this program in 2009, which provided a sharp drop in the interest r...
Zacharee Carmack
Heloc for investment properties
Does anyone have a bank doing HELOCs for investment properties? I think I am sitting around 80% LTV currently.