Lesley Ray
Mortgage Loan Interest Rate
I'm reviewing the terms of my 30-year fixed mortgage and the lender is charging me 6% interest. My credit score is good (800). 6% seems high to me. Has anyone else obtained a similar mortgage recently and can share th...
Claudia Lewis
Should tenant pay for any of these repairs?
I am a new landlord. My tenant, who is moving out in about a month, has asked me to complete the following repairs. Since I may have to do them anyway for the next person, I'm OK with doing anything a landlord should ...
Kevin Pistole
Loan Options for Investment Properties, Borrower owns 15
Hey Everybody, new to biggerpockets so I apologize in advance if this is a rookie post but hopefully someone can help the situation I've run into. ThanksA borrower I refinanced 5 out of 15 investment properties for a ...
Ty Gordon
Approaching banks in early stages
I’m looking to dive into real estate in the next couple months, probably via fix and flips. My starting liquid funds are about 100k cash, 150k HELOC, and 250k in a self directed IRA. I’d like to form a partnership wit...
Dustin Oaks
Mold on home bought
I bought a foreclosure about 5 years ago and about 2 years after that I found mold in a Linen closet in the ceiling. With it being a foreclosure, I can't say it was with held from the real estate agent can I? I kno...
Ben Bakhshi
We are in a real estate puddle
I've been using this term for the last few months and wanted to officially claim it on the interwebs. ;)
We have gone from a real estate bubble to a real estate puddle.
A real estate puddle is when prices are below v...
Mary Jay
Pitfalls of commercial loans
Can you guys please share about commercial loans?So my understanding its more complicated than residential loans..1) Debt to service ratio should be more than 1.2...What does it mean?2) every 5 years interest rate cha...
Douglas Pollock
Maintenance on buy-hold SFR
What percentage should be set aside for property maintenance for single family residential. Some people are telling me 10-12% for Property Management and 10% for maintence/upgrades. I pay 10% for PM now, and don’t g...
J. Pablo Fernández
The loan part of BRRRR... when you are not a resident
Hello,BRRRR makes a lot of sense to me, except that there's one part I cannot figure out: getting the mortgage. How are you getting the mortgage? in your name or the LLC that owns the properties?If you are getting it ...
Rodney Carter
Ready to start investing!
Hello BP, I'm new to the site and have been really enjoying all it has to offer! I've been living in Las Vegas for 22 years now and I have become burnt out (I guess to much partying can do that) so I'm planning to mov...