Rick Oaks
Refinancing / rate/points
With the historically low rate that we are receiving right now is anybody else refinancing their properties. I spoke to my main loan guy and he told me that yes the rates are low but you are going to have to pay point...
Nabeel Qureshi
Moving out, should I turn my primary residence into a rental?
3 BR/2.5 BA condo. The cap rate and cash on cash return I am calculating is negative. Using a vacancy of 8.3%. My loan to value is 73%. I am being very conservative with my numbers (thinking of difficult scenarios)...
Robert B.
I think I'm gonna try out Rocket Mortgage...
Planning to pull 200k out of a small investment property in South Jersey. Rocket said they could close within 3 weeks; 75% LTV, 6.997%. I placed an inquiry in their website and my phone rang immediately. Salesperson ...
Account Closed
BRRRR more than 10 properties?
Hello!Since BRRRR is dependent on the cash-out refinance, what do you do once you've exhausted all 10 loans you can get through traditional financing? Thank you!
Brandeis Brockman
Hard money/Private lenders
Hi,I am looking at a property to flip. Looking for alternative financing other than a conventional loan. I was told by a successful investor that if a private or hard money lender requires you to put money down that ...
Mark Schmale
Fund & Grow vote of confidence
I thought I'd share my experience with Fund and Grow. They obtain business credit cards for you. The cards are at 0% interest from several months to a year. Fund and Grow also has creative ways of accessing cash ...
Sarah Jukes
Refi loan Rebate/Points reasonable?
6 months ago we got our 1st refi cash out against our home to purchase a rental property, plus a mortgage on that property. Costing us over $10,000 in broker/underwriter fees for the 2 loans. Our mortgage broker conta...
Michael Luo
What to look for in property manager
Hey all! Researching and starting my real estate investment journey.I'm curious what everyone looks for in a property manager.Also, is the ~10% in property management worth it? Are there ways to get lower rates?
Forrest Holden
Property Manager with affordable tenant placement in Minneapolis
I used to own 4 rentals in west Texas. My property manager only charged $300 for tenant placement. I understand that I probably can't get that rate in Minneapolis, but I honestly feel that a full months rent for ten...
Lori Parr
Referral fee on personal property in another state
We own a home in a state in which I am not licensed. I was considering a referral fee, but the agent we want to use will increase the commission rate if we go with a referral. This agent is the best bet for a quick sa...