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A lender quoted a 5.5% interest rate for a 30 year fixed conventional (20% down) loan for a first investment property- SFR rental in San Antonio. Is this a good investment rate? Towards the typical low or high end for...
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I'm currently looking to purchase a multi-unit property (owner-occupied) financed by FHA and have been using the BP calculator. In using this calculator, is it correct to analyze the deals I'm looking at as if I was g...
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I've always been a casual real estate junkie- love looking at whats for sale in my area, looked at 100+ houses before deciding to buy my primary residence, etc. In the last few months I've been seriously thinking abou...
Hello all,We are looking to apply for our first loan and they’re wondering if it is best to go with a private lender or a bigger bank. And would love to understand anyone’s perspective on the differences or what they ...
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Hi all, I've been lurking around BP for a few weeks now, and have been second guessing whether I should wait to begin my REI ventures. My husband and I are currently renting our home and looking to buy a primary resi...
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Hello everyone! I was introduced to BP a few months ago and I have read and listened to as much as possible in my “free” time. I’m a busy professional and initially considered picking up some turnkey properties, but...
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I'm interested in taking my investing to the next level. I have done single family rentals over the past few years and have put a lot of sweat equity into them and used conventional financing. I feel that I understand...
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Hi Everyone!Recently closed on my second investment property! My intent is to BRRRR this deal. I'm doing some research and trying to understand what the best way to finance the rehab portion. Would it be a personal lo...
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Hello,I'm looking for reliable hard money lender (or local lender in Kansas City) where I can do a no seasoning cash out for 30 year fixed. I searched the forum and have Google several (mostly lenders who says they c...
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Hello ya all,I just inherited my mothers home, Title is in my name, house is worth 80,000 but she left a reverse mortgage and I need to finance 36,000 to pay that off.I have a renter (my son actually) he will be payi...