Jonathan Jaffe
Financing Gurus: Refinance home mortgage now?
Dear BP Family:While working on financing for a deal, that unfortunately, I was outbid, I am considering refinancing my home mortgage. Don't know if now is the right time or should wait because of Fed activity with r...
Henley H.
How collect first, last and deposit over a period of time?
We have someone we'd like to rent to and are working with them re: there first, last and deposit payment. We're collecting the first and deposit upfront, but letting them pay the last month's rent on some type of paym...
Mary Ann
Hillsborough Section 8
Do they pay on time? I am looking at some opps there but concerned about the Section 8 program management. I know some pay on time and others don't. Any info or experiences with payments is appreciated. Thank you!
Pat Jackson
BRRR method, HELOC instead of Refinance?
First off, I agree with @Brandon Hall, it should be the BARRR method! If you haven't read this article, do so.https://www.biggerpockets.com/renewsblog/forget-br...Here's a quick recap on my situation:My property in M...
Glenn Espinosa
Principal payments built into construction loan
Believe it or not, I have been able to complete 2 successful rehabs now without having a full grasp on the loans and financing part of the equation. For my last two flips I've simply used the 20% ARV rule and used tha...
Gabriel L.
Inheriting Tenants in Providence, RI
Hi RI Investors,
I am looking to purchase a multifamily property in Providence, RI that has tenants with year long leases. Does any one have advice on key things to do before you inherit tenants— from the letter of ...
Patrick McNerney
House hacking via an FHA loan and AirBnB for a multi-family
Hello fellow bigger pockets users,I am a new bigger pockets podcast listener and forum member and this is my first post! I recently discovered the bigger pockets podcast and it has blown my mind and changed how I thi...
Jesse Schultz
Templates for private lending contracts
Hello,
Does anyone have a template for a contract between a private lender and a real estate investor? Something that settles agreed upon lending rates, payment schedule and default follow up options.
Any thoughts wou...
Ashley Sanchez
Help! Student Loan Debt Considered for FHA & 203k loan
Recently, spoke with mortgage broke to attempt to qualify for my first MFR to 'househack'/rent.
I provided him my general background:
Have 140k student loan debt
37 k annual salary
Credit score of 700+
He said that...
Lee Foster
Mortgage Grace Period
Hey BP Nation, I have a question that is probably pretty silly for experienced investors, but I'm in the process of selling my first investment property, my mortgage payment is due on October 1st. We will probably cl...