We were given these two options when we refinanced our house recently: 5.25% with $8000 cost OR 5.875%. My husband chose 5.875% with the following reasoning:"If I had applied for a 5.25% rate for a $401250 loan, the l...

Hello, just wanted some feedback from those that have been involved on using private financing to fund previous deals. I am not soliciting for an investor just for feedback. I am requesting $15,000 amount on a 6 month...

Due to higher interest rates, what are your thoughts on buying a new primary residence rather than purchasing a new rental property with a higher interest rate?  I've thinking about renting out my current home and pur...

Hello,Since both refinancing and HELOC are both expensive at this time. What would you advise to someone who has 500k equity (post taxes and fees) and 500k with a low interest rate of 2.5?Is it possible to redeploy 50...

New investor asked about max house refi to invest in Storage and holding excess cash.
Depends on the numbers and your objectives (do you plan to make another investment or move homes)? Change the numbers as you see f...

I've been negotiating back and forth with a seller. They have a 4 unit building that has been on the market for over a year simply because the price is too high. I knew it was a long shot but I put in an offer 25% les...

Hello everyone,Some of you may have seen my posts about a month ago looking to get into a Duplex in a Condo Association that had questionable financials. Decided to not go that route, and instead partner with a few fr...

Anyone ever have any luck getting rid of PMI early with an appraisal?  Here's my thought.We just bought a house and it appraised above what we paid, my math shows that with our payments (factoring in front load intere...

Hey BP family can anyone explain the meaning of a step down pre payment as well as yield maintenance and how an investor should look at and evaluate both when looking for a Fannie Mae loan or a recourse(bank) loan.

Hi, Everyone,This is my first post here, please advise if I should sell now or keep renting.My rental townhouse is in south San Jose. I lived there for 5 years before I rented it out. Now it is about 2.5 years after I...