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Results (10000)
Jackie F. Refi Primary Mortgage - Closing Cost Are High
1 March 2020 | 8 replies

Hi BP,

I would like to refi my primary residence which has an 70% LTV. I want to lower my rate on a 30 yr fixed. I don't want to cash out. So far, all estimates have me paying 2-3% closing cost.

What gives? I th...

David Socia Do you accept Co-Signers on Leases? Why or why not?
3 July 2017 | 7 replies

We own several rentals in an area of our town called Midtown Revitalization District. this district is sandwiched between 2 major hospitals and a junior college. All of our rentals are new construction duplexes and ou...

Catherine M. Interest rates rising? Lender increased rate quote.
16 January 2022 | 2 replies

We’ve been working with a lender for about 6 months to finance my first home. We are in a unique situation as we are buying a home out of a rent to own agreement. The first 4-5 months I worked with an inexperienced lo...

Ekaterina S. Property management company went bankrupt
16 June 2022 | 8 replies

So my property management company filed for bankruptcy (Enhanced Property LLC, managed by Keeyana Garrett, there was a post from several landlords, who had properties with them). I had one property with them and they ...

Manley Seale Short Term Rental Cap Rates cash flow and potential sale value
18 June 2021 | 7 replies

So, i'm trying to analyze cap rates for a STR investment and I'm coming up with two different lenses to view a cap rate. 
1. Annual Cash Flow potential from what I'm seeing would want to see a higher cap rate. Is tha...

Jay Hughes Future Rental Income to Help DTI
6 April 2023 | 4 replies

Hi,
I’ve been lurking/reading on the forum for a while and just decided to join. It’s been a really great resource, but it’s hard to get a handle on the current climate in lending.
My main question is the possibili...

Frank Gucciardo Always Get an Inspection
10 May 2016 | 10 replies

So close on our first buy and hold purchase.FannieMae Homepath Tri-plex that we got under contract for 160K.  The numbers worked out really well.  Not much work to be done, just a re-paint and I was going to replace a...

Toni Fowler Down payment for multiple condos
10 September 2014 | 18 replies

I could possibly have an opportunity to purchase 8 condos together (in Kansas). This would be my first true investment property. (I just purchased a home and will be turning it into a rental later next year, and also ...

Teho Kim Duplex in Indianapolis - Good cash flow but iffy neighborhood
20 March 2019 | 10 replies

BP,I got some incredible help on the last deal analysis. You helped me back out of my offer that I put in on a very marginal deal. I'm hoping you can help me with another analysis.Indianapolis Duplex w/ each unit fenc...

Jennifer Kessler Tax benefits of short term rental
24 July 2022 | 12 replies

Looking for info on any potential tax benefits of STRs. What can be deducted? Is it more beneficial to have it structured under an LLC? Are there benefits if an ADU is used as a STR (I am in California)? I am aware pr...