Jeff Bridges
Investment Mortgage quote/30 yr fixed3.875%/ 3 points reasonable?
I'm trying to obtain a cash out refinance a SFR rental property I bought originally all cash. My mortgage broker is giving me 3.875% 30 year conventional fixed with 3 points down. 75% LTV. total loan amount 80k. total...
William Eric Schaefer
Is $200 in Cash Flow a good deal?
Hey everyone,
I'm about a week out on finishing my first property, I planned on making it a rental however after running the numbers I will be cash flowing about $254 per month (after all expenses). I'm all in at 57k...
Jon B.
How Best To Use A $300k HELOC
I recently took a $300k HELOC on my primary residence with the intent to purchase an out-of-state rental property (mid-west or south). The plan is to purchase a value-add property under market with all cash (i.e., th...
Kyna Ngo
Sell or keep as short term rental
Hi! We need some advice. We have a place in Palm Springs CA which has acquired a lot of equity. I can’t decide if we should sell, pay off some debts and invest elsewhere or renovate and keep as short term rental. I a...
Carmel T.
US citizen (living outside the states) - Financing options?
Hello everybody.
I made the decision to start investing in rentals in the second half of 2022.
My question is what are my options when in comes to financing deals (mortgages) if I'm an American Citizen (have SSN) bu...
Jose Batista
Refinance or or Sell
I bought a property November last year. Purchase price was 55k, I did 10k down. I rented this property for a year. It did pretty good. Now I am in the middle of deciding If I should Rehab the property and refinance, r...
Carlos Ortiz Perez
Private Money Lenders
It is recommended to use Private Money Lenders? When is best and when is not?
James Masotti
Baltimore, MD - Eastern Savings Bank
Ned Carey and Brandon Hall and any other Baltimore investors out there. Anyone ever heard of anyone using Eastern Savings Bank? They claim to be a portfolio lender that's been around for quite some time and am curious...
Jorge Borjas
Cogo Capital
Hi BP colleagues,Does anyone have experience dealing with Cogo Capital? They are a hard money or private lending company. I recently contacted them and they spend a lot of time trying to sell me on their mentoring pro...
Branden Jordan
GAP lender needed... Texas City
I have been under contract on a duplex ready to close, but the second investor has ghosted me and the lender. We need $30,000 to close. It will close in just a few days once we get an agreement notarized. We are willi...