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Hello Everyone,Apologies if I am posting this in the wrong area of the forum.I am trying to find out what rates and terms lenders are offering on fixed rate rental properties (non-owner occupied) in your area.Mostly, ...
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Hey BP, I just got pre-approved for a HML, just have to cover closing costs and the rest of the purchase price; looking to do a flip, not under contract. I am currently comparing 2 different zipcodes to invest in. Zip...
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I have an opportunity to buy 5 duplexes for 500K (5@100K each). I plan to 1031X two of my current properties (225K total) to make the purchase. I have talked to several lenders and am not sure the best route to take f...
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Hi All -I use a mixture of craigslist and talking to local property managers to discover how much I can rent my investments out for, but was wondering what other sources do other investors use? More importantly, if th...
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My broker was able to lock me in at a 5.0% fixed 30 year rate before the rates rose last month. I have 2 properties:
owner occupied: $550,000 balance, 4 years paid into a 30 year mortgage at 5.75% 30 year fixed
inves...
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Do banks currently offer second mortgage or heloc? My primary residence has an interest rate of 3.75%. With good credit score, tax returns, and income, will the bank need to refinance the whole mortgage? I think it mi...
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I'm about to make an offer on a multiple-property deal with seller financing and I have some questions. I assume if the deal gets accepted, I'll need to get a real estate lawyer but in the mean time, I'm thinking of t...
Hello Bigger Pockets financial geniuses!I am not totally new to the world of real estate. I have purchased and sold 3 houses in my life but have never considered any options other than selling and upgrading. I am at...
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I came across in rent to retirement podcast that there is a 5% downpayment option for investment properties from a credit union. Does anyone know the name of credit union and used it for lending to buy investment prop...
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There is a lot of discussion about how to approach appreciation in RE investing, but say you got lucky. Then what?My specific situation is that I have a property that I purchased for $300K, is now worth $600K, and sti...