Nicholas Spohn
Help! Quick! Need opinions!
Your opinions would be appreciated! I think I'm gonna do it I just want some feedback!SFH 4/1, 3 car garage fenced in yard, across the street from local college on busy road, I have 5 other rentals within 2 blocks. It...
Zach Zabel
FHA vs Conventional or both?
Hey everyone! Day2. Post 2. I need some more advice. So far everyone has been super helpful. I found out today that I will be able to draw from my employee stock program in about 90-180 days. Funds should be between ...
Stephen Wiater
PMI (Private Mortgage Insurance) Tricks & Tips
Hello All,I am trying to get approved for a FHA loan and I understand that there is PMI insurance in most cases. My questions is: Is there a way to not pay the PMI payment at all or a very low PMI payment?any tricks a...
Jim Hartmann
Extra principle payments for quick pay down
Hello all. We are in the process of purchasing another personal home and turning our current home in to a rental. I have heard in the past about a strategy where you send in a separate monthly payment for principle ...
Bob Oliver
Paying off or keeping rental mortgages in retirement.
Trying to decide on using reserves to pay off rental mortgage or keep. I am retired, 72 and own 4 college rental houses. Zero vacancy as housing shortage is acute and typically let students pick their successors. I st...
Account Closed
Borrow down payment on multifamily unit
Hi, looking for lending advice.. I've secured funding for single family investments, but have yet to pull the trigger. Today, I was presented with a 6 unit multifamily portfolio with 10.3% CR, 22% COC and NOI of 51k. ...
David Huynh
Credit Cards, 0% interest, balance xfer & playing the game....
Hey hey hey!I'm looking to get feedback on people who have successfully done this. I've never credit card hacked (unless you call what I did hacking) but I'd like to learn more about it. It started when I bought a pro...
Jeremiah Lewis
Should Rent it or Sell it?
I’ve posted about this before but never really landed on I guess a persuasive answer? Anyway I have a primary residence that I may have shot myself in the foot with. I refinanced to a 15 year @ 2.375% when I had the o...
Scott Ewell
Debt or debt free?
just wanting to get BP people's opinion on what way is the best route to go with regards to buying RE with leveraging or getting properties paid off as soon as possible and why?I currently have two SF rentals and my g...
Account Closed
Confused about securing funding
Here's my question: If I am investing in a rental property with good numbers (based on math from reading posts about being a landlord using the 50% rule, ect), what is the difference between securing a good property ...