We have a balloon payment due in 15 years on our mortgage. Can I make an extra payment towards the principal balance every month and essentially pay the balloon off?  I know you can refinance but I would rather make e...

Looking to purchase a house for $130k.  Put $10,000 in it for rehab.  Rents for $1,350 per month.  Insurance is $720 / yearTaxes are about $2,000 / year.Mortgaged with 25% down, 30 year note, 3.75% What would you esti...

I currently own my personal residence outright, and am looking to purchase a $700k investment property and need a $300k loan.  There are two options:1. Take a commercial loan @ ~5% on the investment property2. Do a ca...

In today's market, what is a good deal for apartment complex? In my area, the cap rate is around 4.5% to 5%. And I know a lot of other cities can be much higher than that. But what if it's in a great location? Would y...

Hi,I'm a Realtor and investor in Charleston. Our market has gotten pretty tough for finding reasonably priced rentals. A lot of the guys and gals I talk to are looking into other markets until our area cools down. Dea...

Hi BP family - I just got loan estimates for a cash out refinance I am trying to do on one of my rentals. 3.625% for 30 years, but with 3.6% paid in points/fees (plus a $650 appraisal fee).Loan amount = $187,500Proper...

Largely unaffected up until now, multifamily real estate is beginning to feel the pressure. Most notably rising interest rates, higher operating costs, and $1 trillion in debt coming due in the next 18 months. Do you ...

Hi all, Newbie looking to purchase my first rental property. I have found a lot of homes I can afford in Victorville and Palmdale. People with experience, where would you advise to purchase a home?

Where can I find a non recourse construction loan?

The TED Spread measures credit risk to the general economy. TED is an acronym that stands for T-Bills and Euro-Dollar. The TED Spread is calculated by a simple formula:TED Spread = 3-month Libor Rate - 3-month T-Bill ...