Sebastien Hitier
what is a normal upfront cost of a mortgage?
Hello BP.The best I could get for commercial mortgage with my credit and personal profile is 5.5% 5Y ARM. I am refinancing 5 properties at LTV 60%, loan amount is $395,000. Lender is a small local bank.The DD took for...
Bob Langworthy
Need help making an offer
I'm sure that I'm overthinking this. Here's the situation:A friend let me know about an off-market office building owned by 6 individuals that are interested in selling. They have owned it for 15 years, are in their 8...
Josh Setterbo
Property under contract and new tenants leased
Hi BP,We have a triplex under contract on the Texas Coast and about 1 week from close the current property manager leased out the second unit. When making an offer and having it accepted, 1 of the 3 units was leased.T...
Randy Pineda
Completed my first deal!!!
Closed my first deal last month and wanted to post a big thanks to the bigger pockets community. I have been lurking on the boards for sometime and have been listening to all of the podcasts during my commute in Houst...
Neddrick G.
HOW SHOULD I TRY PUTTING THIS DEAL TOGETHER?
Sorry about the title I tried to summarize what I'm seeking. Here's the spill:I know this individual who received a large sum of money about a year ago from lottery winnings. The guy went out and basically spent all o...
Kelly Roberts
VA to conventional + cash out - anyone done it?
I'm not finding anything on this topic in the search...has anyone ever done a cash out refinance (to conventional loan) on a VA mortgage?
My initial thought is that other options would be to keep the home and get a ...
Mike Provencher
Need advice on a deal
Bank owned property. Owner's heirs just received letter from bank that property will go to sale on courthouse in the next month. Bank has paid $17,500 in property taxes. Mortgage balance approx $106,000Market value ap...
Kat Owen
New to Texas and looking to invest locally with not much capital
Hi, recently moved to East Texas. I have one single-family rental in Washington state that I plan on keeping for a while and accruing equity. I would like to start adding to my portfolio with local single-family long-...
Duc Ong
Looking for Maui Vacation Rental property manager
I'm beginning my search for a vacation rental in Maui. I'm open to most areas, but my primary goal is to optimize net returns. I'm planning on representing myself for the purchase, but I would like to look for a PM f...
Cameron Marmon
Tenant Insurance requirements
Hi all, this weekend I will take my first steps in my real estate investing career by listing my home for lease. I feel like I have everything covered except for one item, insurance.I have been advised to get a policy...