Jane S.
Why not "pay down" interest rate for cash flow?
The 7% interest rate I'm seeing, even with a 30% down payment, credit score 810, is really gobbling up cash flow. The most frequent advice I get is to bite the bullet and refi when rate goes down. But will it go below...
Brandon Pearl
Help Me Understand How To Gauge Cap Rate
Hey guys, I am relatively new to the game when it comes to REI and I am currently practicing analyzing deals but I could use some guidance when it comes to understanding what a good cap rate is. I understand that Cap ...
Samer S.
High interest rates for STR in Maui
We were thinking of putting an offer for a short term vacation condo in Maui Hawaii (~400k) but decided to not go forward with it because of high 3.75% interest rate for 30 yr Fixed, 20% down. We knew that STR's fall ...
Scott Spicer
Lending on a commercial property under $1million?
Does anyone have financing suggestions for a 14 unit apartment complex that is under $1,000,000? I’m looking for a 30yr fixed, 80% LTV. The lenders I’ve found only offer a 20yr amortization, which greatly diminishes ...
Koen Ballantine
first multi family, looking for advice
Hello BP first of all thank you to this awesome community for its knowledge and support over the last two years! i am a 20 year old investor who is in the process of a seller financed deal. the numbers are looking ext...
Brian Noel
Metrics for buying and managing Multi-Family Buildings
Does anyone have any good metrics that i can get/ use for Multi-Family Buildings. I need to understand what are the typical percentages that should be allowed for Reserves, Taxes, Vacancies, Maint & Repairs, Prop ...
Robin Valadares
Variable or Fixed rate mortgage with my new deal?
Hello BP Community,I'm probably raising a question that may have been discussed in previous threads. In any case I was hoping to get some advice with my new deal.I have the following 4 scenarios regarding going with a...
Jack J. Nowotarski
Any suggestions or Insights to tenants who are very "Particular"
Hello everyone,I have a single family rental in a A quality neighborhood that has been nothing but fantastic for the past year and a half. The original tenant was a Godsend and honestly just paid us to use the 1350ft^...
Soumojit Sarkar
Hold on sell
I own a condo in BC but live in the US. I had issues with renting out the place earlier, and the current rent doesn't cover even the mortgage interest, let alone other expenses like property tax, insurance etc. The cu...
Ramki D.
Should I refinance my primary mortgage?
I have 30 yr fixed mortgage for 3.5$ APR. 25 yrs remaining on the loan. Since interest rates are dropping, is it good idea to refi for a lower rate? Any thoughts/suggestions. Thanks in advance