Account Closed
I'd like to become a private lender- Los Angeles mentors welcome!
Hi BP!I recently purchased my first residential property, no financing. I purchased this as a rental property, and I am aiming to have it rent for $4000-$5000 a month. It should be ready in about a week for photos to ...
George S.
2.6 mil Triple net investment, please advise
Hello community. New investor to the market, am currently employed full time and looking for something for a passive investment. I have been in contact with a few commercial realtors in Ohio and Georgia, they have p...
Roseann Koefoed
Need Construction Loan - building my first 3-flat!!
I'm building a 3-flat in East Garfield Park, west side neighborhood of Chicago. I own about 80 MF units, but this is my first ground up construction. I have a partner who is the GC. I've paid for the land, architec...
Tyler Gilbert
Analysis of loan types for MF properties
Hi all. I have been doing some research into MF properties and have had some extremely informative conversations with some lenders and agents (Thank you Rick, Jonathan, and Jake). I’m interested in learning more about...
Ellie Narie
Is adjustable rate scary? Changes quarterly based on prime...
How scary is it to have an adjustable rate? Could it shoot up to 15% interest like back in the past? I'm getting a 100% financed sba loan for an office building, and their rate is adjustable. There are hefty early pay...
Jerry Charlton
Posted Mortgage Rate Rip Off (Canada)
The most recent mortgage rule change that has yanked the welcome mat from underneath first time home buyers has put the spotlight on Posted Mortgage Interest Rates.The Posted Mortgage Interest Rates used to serve just...
Bay H.
what are good income options for $150k-$300k?
My parents and my in-laws recently gave us $150k each. We don't really need their money so now we have $300k extra in cash. I'm thinking of investing for cash flow to supplement their monthly income. I plan to t...
Alex Filipe
VA Loan
My name is Alex Filipe and I'm an aspiring REI. I plan to start my venture through a VA loan. I've been reading a lot about VA loans but can not seem to come across this specified question regarding them. Its stated t...
Johnny McKeon
Quoted over 8% interest rate for owner-occupied fannie mae 5% down 4plex
Hey BiggerPockets family,I was just approved for an owner occupant, Fannie Mae, 5% down with a purchase price of $1.3 million for a 4plex in the Phoenix Metro of ArizonaMy middle FICO credit score is 759My current DT...
Scott Mukensnabl
Second Mortgage on Investment Properties
I currently have 4% loans on 9 of my residential rental properties with LTVs around 30-35% and would like to cash out some of my equity in order to make other investments. My mortgage broker recommends cash-out refis...