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I live in San Diego. I've been looking for markets in CA that are more affordable and still in fairly high demand. How's the Fresno market? I'd love to hear from folks who are familiar with the area and/or who invest ...
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I have been striking out in underwriting with 30 yr fixed rates, the math just isn't working out for me to make any cash flow and the debt service monthly expense is wiping out any NOI and thus my yield. So... I am co...
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So I discussed getting a loan on a commercial property (8 units) and he gave me a "soft" approval with values as 30yr fixed and around 4% interest. I spoke w/ him again today and he said it would not be that. I guess ...
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Hello BP people! I'm new to investing, though I have been reading about for at least 1 to 2 years now. I feel like I'm ready to rock. I'm hooked up with a couple realtors in the market where I'm shopping, which is Kan...
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Greetings everyone.Currently I am analyzing multiple Duplex properties in the Dallas Fort Worth (DFW) area to buy my first deal via FHA loan and house hack it the first year. I have analyzed over 25 deals using the 50...
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Hello everyone: I have been approached by my management company to look into refinancing my (2) 3 family units located in the Bronx Here is part of the proposal agreement. Please give my your thoughts. I am have no ex...
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Im posting this for a friend that buys alot of rental houses that he rehabs. He is trying to try a new strategy and wondering if paying off a rental property right away is better than just holding on to the loan. No...
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I know that anytime Trump's name is mentioned, someone gets triggered. Either the post is too anti-Trump, or too Pro-Trump.
Let me be clear - I do not condemn Trump's policies or necessarily know whether they will b...
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I began my journey in 2019 and started to aggressively search for properties to either hold, wholesale, quick flip.When covid started, I didn't let it faze me but had to take on other work and got distracted. But I'm...
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Hello,
I'm looking for any perspective as I have no real estate experience. What are the thoughts about using a cash out refi to pay off current mortgage, rent that property, and use cash towards new home? I'm brain...