Mike Gammarino
Cash out refi on rental for primary residence purchase
My situation:
* bought a SFH for $250k as my primary in Portland, OR in 2002* moved to LA in 2006 and turned it into a rental (the home is still in my name, not an LLC)* been renting in LA since my move* want to purc...
Iago Noya
Commercial Investing in Los Angeles
What is the average Cap Rate in North Hollywood and Echo Park?OR Where can I find the Average Cap Rate of each Neighborhood in LA County/ San Fernando?
Joaquin Camarasa
Impact of Corona Virus in Economy/Real Estate Market
It is almost everywhere now.
- Important events all over the world have been canceled.
- It is in more than 25 countries now.
- Stocks took a big hit today.
Are the big economies ready to handle this?
Will it ke...
Jordan Grimstad
Shopping around, multiple credit pulls
I made a classic newbie/lazy mistake - I got a preapproval letter from one highly recommended mortgage broker, but then neglected to shop around. Now I'm out of the 14-day grace period during which multiple pulls won'...
Tingjun Lei
Recommendation on Cash Out Refi
Hello all BP Pros,Want to get your opinions on this. Thanks in advance! I am trying to do cash out of my rental property. It's a single family home at south FL, purchased with all cash, free and clear, rented out. I w...
Steven Swierenga
Newbie with Potential Deal apartments/commercial
Hi,
I'm new at this and need some help to make sure I'm gather the right information as a I think about his deal.
First, a little about the property. It is located in east Austin on a major thoroughfare. It contains...
Megan Barron
Current interest rates
Interest rates are looking very good right now. I found a really good rate of 3.375 for a 30 year fixed at Sterling Bank and Trust.Has anyone ever worked with them before? I visited a location and it seemed very cheap...
Ryan Detzel
Do you monitor your competition?
It's probably different based on the market you're in but where I'm going to be renting all 250 units are basically the same minus furnishings and marketing. From what I've seen there is a lot of room for improvement ...
Andrea Flores
Commercial vs Conventional loan: WWYD?
Tell me what you would do.I am buying an STR and can pick between two lending options right now. I will detail both.--------------------------------------------1. The commercial loan: Borrowing $135,000 at 4.875% for ...
Chris Hill
10 properties, now commercial loans?
I have 10 financed properties. What is the best way to buy more properties with loans? If i do commercial loan with an ARM, what do most investors do when the rate goes up at 5 or 7 years? In my case, i would be bu...