Dan Schnurbusch
Dan, New Investor in St. Louis, MO
Hello BiggerPockets folks,Although I originally created my profile a while back, I never got serious about real estate investing until quite recently. After obtaining my law degree from the University of Missouri, Col...
Francisco Trejo
Is this Legal for lenders.
Hello BP community, today i was notified by my loan broker that the rate on my loan just went up 5.75 on a cash out refi for a triplex here in L.A. This is a no doc loan based on income from property.
I started th...
Jamie Warcken
Buy down our rate, or take home extra cash at closing?
We are under contract for a primary SFH for $455k (asking $480k) with 6% concessions, or $27,300. We are using FHA with 3.5% down, or $15,925. Current interest rate is 6.75% and a 3/2/1 buy down costs $19,929. This is...
Arthur Fuller II
using the rental calculator
I have not made my 1st deal yet - that being the case I have a question about the wholesaling calculator (to sell to a renting investor) and the renting calculator.If I have never rented or flipped a rental how do I k...
Steven Whipple
Lender changed the terms and now the deal doesn't pencil
I found my first deal, and everything looked good. All the numbers worked out the way I wanted. We got pre-approved for financing, and our offer was accepted. We paid for the inspection, and it turned out well. Last n...
Mike Hanneman
Get your ducks in a row for refi's
Don't know how I missed this but I just want to make sure others don't have the same thing happen to them.I got a good deal on a home in mid-town Coeur d'Alene, Idaho, which is becoming really hard to find. I got it u...
Account Closed
Transferring a Property into the LLC
Hi Everyone,
This is my first post. I'm in the process of acquiring a property with my wife in Baltimore County, Maryland. The acquisition is on a personal basis with traditional 30 year financing. After close, I'm l...
Patty Capson
Determining occupancy/vacancy rates for short term rentals
I've considered buying a short term rental. How can I find out what the vacancy rate is in specific areas? I'm looking at the Colorado Springs area, would greatly appreciate any input.
Account Closed
Dollar Rising
It looks like the dollar took a pretty substantial jump in value.
I'm not quite sure what that means for the American real estate.
European investors have been buying American real estate because, with low prices...
Will Dixon
Re-Quoted with large price differential
Hi BP,I would like some input on whether this agent is ripping me off/covering a mistake or if this price change seems realistic...I got a quote on my 3 unit property in Northern California. It is not in a high fire a...