Duane Richards
Funding Properties (personal vs com) while maintaining OZ status?
I created an LLC in 2019 to invest in an opportunity zone, and now those properties are getting ready to close. I need to get lending for these properties, but as I understand the OZ qualifications, the properties nee...
Shaun Wang
Before Getting Creative...
Hi BP, my family are buying our first multifamily home, we need about 700k in mortgage ( with 200k down payment), problem is the family only filed about 30k income last year, the bank can offer about 300k at 3.75%, so...
John Matthew Johnston
Commercial Loan Number Help
Hi I am new to commercial loans and I was wondering if i could get some help telling me if these numbers look ok. A little background, we went the commercial route because we are running into DTI issues. THE NUMBERS:L...
Daniel Highsmith
Need some help analyzing a deal
Found a duplex and need some help with the numbers. I've been looking for deals on single and multi-family houses but i can't get the numbers to work right on any of them. At least i'm learning, right :) Am I overesti...
Paul W.
Keeping it vs selling it, what to do
Hi folks, long term lurker, first time posting. My question is pretty simple. My wife and I aren't sure if we should sell or keeping renting or first home w bought in Gilbert Az.Part of the reason we are deciding no...
Eric O.
What to do with proceeds from sale?
We sold our former primary residence with the proceeds being tax free. I want to make sure I’m making the right investment with the proceeds. We own three condo rentals which are all financed on 10-yr loans. Very smal...
Jonathan Watson
Stay w/ a 15 yr @ 2.75%, or go to a 30 yr and take the cash?
Just looking for a little advice/insight into how best to approach my mortgage.Current Situation...I have 15yr fixed on my primary res. with 14 yrs left. I owe about $225k on it still (home is worth about $485k). Int...
Mitchell Maginnis
STR quick & dirty calculations
Hi!I am wondering if anybody has any "quick and dirty" calculations (similar to the 1% rule in LTR investing) that they use when underwriting STR's?I have heard some are aiming at 20% COC return. Does that include dow...
Tanya Brown
Solo 401k Nonrecourse loans
Where are people finding non-recourse loans to fund a buy and hold rental property with their Solo401k? I found 2 lenders who specialize in it but rates are almost at 7% I can get 4.5% from credit union and 5.75% from...
Daniel J Jackson
HELOC vs HE Loan vs Cash-Out Refi
BP community!Reaching out with a question about best options for financing. Working to find a house-hack duplex in Austin, TX and planning to go conventional with 15% down. I am considering leveraging our primary ho...