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Hi BP,This is probably a stupid question but wanted everyone's take on Landlord Insurance. I'm located in the Bergen County, New Jersey area and fortunate enough to be moving into a new primary home within the next mo...
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I am a real estate agent on Long Island, working with a buyer who has $150,000 to put down and is looking to maintain a $4,000 monthly payment (between principal, interest, taxes, and flood insurance). I found a motiv...
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Hi - new investor looking to purchase 5+ unit commercial properties. Aside from using the various websites (Crexi, Loopnet, etc..), what is a good way to source off-market deals? Is there anything more to it other tha...
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I got a quote for a cash-out refinance for my primary home to take out over $1M cash at a 3.125% interest rate, 30-year fixed. This is much higher than my current interest rate. However, I do not have a clear purpose ...
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My partner and I are attempting to purchase our first investment! We are qualified for a conventional loan but were offered seller financing and would appreciate some independent input from the community.Conventional ...
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Hi,I was recently denied a HELOC because one half of my two-unit is rented (I was shocked). The title of the house isn’t under an LLC and my original loan is considered “owner-occupied”. Any suggestions? Also, I’m loo...
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Hi allI am trying to purchase my first rental; I was pretty decided on SFR but recently found out I can get a better rate if I consider more units.I am very familiar with the market here in Texas for SFR, but how do d...
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I recently purchased a small multi family property. 2 units were turn key and they are rented. 1 unit I am funding the rehab for and that is almost done.But there is a separate building with 2 unfinished 1Bd 1Ba apart...
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Hi smart people,I am deciding between pulling capital out either through an investment property HELOC or cash put refi. Which would you choose and why?HELOC~60k out (80% LTV)-no origination fee, $99/year which can be ...
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I'm 33, have a paid off 1br condo( bought at 143k, I could I think now sell it for 160/170), zip code 22307. I am however renting it out at the moment. I have moved to. MD close to Baltimore. My timeline is going to b...