Jerry Zigounakis
3-2-1 Buy Down
What is everyone's thoughts on 3-2-1 Buy Down. I'm in the process of purchasing a STR and am intrigued by the 3-2-1 buy down. 1st year of the loan would be 4.5%, 2nd year 5.5%, 3rd year 6.5%, 4th year standard market ...
DeAndre Anderson
Portfolio Lenders in SF
After utilizing a hard money lender, I will need an exit strategy. I don’t qualify for conventional loans but I may be able to utilize a portfolio lender based on my given situation. If anyone is familiar with any goo...
Fred Carter
Portfolio Loan Needed
Out of state investor looking to purchase properties in St. Louis area. Want to put them together into a portfolio loan for approximately 80k. Does anyone have a contact or know of a bank that would work with this sit...
Theo Carrazco
Eviction versus Foreclosure, which is worse?
Friends, I came across an ad, on Craigslist that made me think. The ad was of a modern home in a decent area. Of course, the rent was inflated but not by much. The ad listed renter qualifications, and explicitly said...
Andrew Giunta
Any ways to get a fixed interest rate on mortgage on 5+ units?
Im not personally comfortable with variable loans, which is why I stick to the 3-4 unit properties. However, with 3-4 units getting rarer in the area I buy, and 2 units being too cheap and not worth me using a mortgag...
John Corey
Personal Guarantee (PG) negotiations
I did a quick search and did not see anything recent that matches this. If someone knows of a good thread, drop a link here.Otherwise, lets discuss what people do to negotiate PGs. What is considered normal or accepta...
Fernando H.
Pay off Debt for higher DTI Ratio or Invest? HELP!
Current Debt.1 SFH: rented - $200 positive cash flow after paying off mortgage2 Duplex: rent one and live in another: $200 positive cash flow afer paying off loan3. SFH: *currently rehabbing* - free and clear - ARV 70...
Raul Pedrozo
seller financing to home occupant - Dodd-Frank
Good afternoon,I've been reading a lot on this site and elsewhere about Owner/Seller financing as it pertains to Dodd-Frank, but I can't seem to find an answer for this situation (either that or don't want to believe ...
Jeff Arndt
Moving out from parents.
I will be graduating from college this December and I will be able to save 1,100 a month living with my parents after graduation. At that rate plus current savings, I should have about 15,000 to invest with in about ...
Carlos Rodrigues
First property on FHA loan, how to purchase second property
Good afternoon BP users! Let me indeed ice myself once again. I'm new to BP and the real estate business, and I'm currently sitting at a Barnes and Noble reading and learning the business to better myself. I'm also ta...