I'm trying to obtain a cash out refinance a SFR rental property I bought originally all cash. My mortgage broker is giving me 3.875% 30 year conventional fixed with 3 points down. 75% LTV. total loan amount 80k. total...
I'm just exploring note investing and I'm looking for some pointers on how performing notes are priced. I'm hoping there are general guidelines. Looking around quickly on someplace like FCI (not a great resource fro...
I tried to complete my first flip. However, the market did not cooperate so I went to plan B which is BRRRR stategy. As part of the flip I got the first two steps completed; the B(uy) and R(ehab),. Since the market...
I've been putting together a deal for a while. Found this nice ~40k sqft sqft stripmall. Plan on 1031ing into it purchase price of 11m with about 3.5. down. 8% cap rate @ a 6% rate. Newer building built less than 20 y...
After reading the good old thread (LLC vs Umbrella Insurance), went ahead to buy the umbrella insurance policy for now. May consider LLC if I have more rentals later.
I want to share my rate with you guys because I t...
I own a First Mortgage Real Estate Note with a face value of $90K. I paid $72K for the note, which has a balloon payment in 2 years. Does anyone know the tax implications, if any, when I realize the $18K gain from t...
Hi BP,There is a small three tenant retail building in an A location that I've known for a while and noticed the tenants suddenly up and moved out. Not that they went out of business, but pretty much just moved to loc...
Despite unpredictable mortgage rates, there’s a huge opportunity for real estate investors in the coming year. Get insights and strategies from the BiggerPockets 2024 State of Real Estate Report.
In today’s show, B...
So 2-3 Podcasts ago there was a code for 20%? off the PRo membership before the rate increase happens tonight. For the life of me, I can't find it now. Anyone know what it is?@Mindy Jensen am I wrong?Thanks!
Hello all,Have an offer on a property, since I am using the property itself for the loan I am wondering if the lenders I am prequalified with only offer loans with rates/terms I am unwilling to accept, would this trig...