Mengrou Cao
CA Dream for All program or NACA?
Hello Everyone,
I am located in CA. I have a dilemma for purchasing my first home. In CA, we have this dream for all program. It is a shared appreciation loan program that can help me put 20% down with 0 interest....
Account Closed
To Refi or no to Refi
I'd like some help thinking about whether or not to refinance the loan on an investment duplex. Here are the details:Currently owe $139,000 with loan at 5.625% 30 year fixed. Have only owned the property for 1 year. I...
Sean Kirk
Has anyone used Roofstock to invest?
I'm seeing what seems to be 10%+ cap rates on roofstock. Has anyone bought from the platform? Is their underwriting sound?
Brandon McCombs
does a build-out have any bearing on cap rate?
Does a commercial build-out of offices in an office/retail space have any bearing on cap rate? For example, suppose I had an appraisal conducted with a proposed floor plan of a building I'm renovating after a fire wit...
Sam Tang
Exit Strategies for conventional ARM mortgages
I'm looking around for a portfolio lender that will finance me for a non-warrantable condo and finally found one. The condo is in the $175-200k range. They offer a 10/1 ARM with a 30 year loan term at 4.25% with 25% d...
Matt Meier
Competitive Loan Rates (2024)
Hello everyone,Thanks for taking the time to read this. I'm looking into a few different loan options. Is there a quick way to see averages for interest rates for investment properties? What would be a reasonable rate...
Pete Storseth
Back on BP after a years away
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...
Garrett Matthew Hester
Cash out refi to turn current home into rental and use cash out towards new home
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...
Zane Cress
Should I transition into Multi family property?
Looking for some outside opinions on my next move. Currently own 4 SFH and 4 condos. We operate Short and Midterm rentals with strong rent rolls and little vacancy with decent cashflow. Some units bring in $700/month ...
Chris Rupolo
Boomer Retirement and Real Estate Market
What are everybody's thoughts related to the Baby Boomer retirement period we are currently in, and its affect on the real estate market? I live in Long Island and everyday I hear of someone else say "I'm leaving this...