Alexander Cabrera
15yr or 30 yr?? But big delta in interest rates...
Hello.I've got a primary home 30yr loan at 3.95% of which $253k is left. $1272 PI, plus a 15yr HEL at $57k. $511 PI. Home is worth $420k so plenty of equity to refinance if we choose to.I have the opportunity for a pr...
Jeff Jackson
Can I legally evict my tenant?
Hello,
I am selling a property that is currently tenant occupied. I am under contract and have an agreement with my tenant to provide cash for keys. I have a signed agreement from the tenant to accept the terms of th...
Thuy Pham-Satrappe
Property manager upcharges?
I'm going over the PM agreement with a new property manager and there are a few things raising a red flag to me that I'm wondering if they are standard (or becoming the standard): -an additional 10% (on top of the 10%...
Joaquin V.
Beginner here from Denver, CO
Hello BP group,
My name is Joaquin and I am a Colorado native. Just like many of you, I read 'Rich Dad, Poor Dad' and began my path down the rabbit hole. Real estate, unfortunately, is currently a side gig as it is n...
Gerich Fellermann
Loan Options? Want to 1031 rental>rental but 6m into new business
Hello all,
I'm wondering whether my situation is outside of the realm of financing possibilities, even creative ones.....
My wife has had a small rental in NJ for 10+ years. She has refinanced so we are looking at...
Isaac Galli
Suggestions for Financing Small Multifamily w/ Non-occupancy Loan
Hello!My original plan was to buy a small multifamily (2-4 units) in my area and househack. House hacking (self-occupancy) would of course allow me to go with a non-conventional, non-commercial mortgage like Homestyle...
Carl Cheung
Private lending security question
Hi, I was approached by a friend with an opportunity to invest. His plan is to get a loan from me (promissory note) and then use the loan as the down payment from the bank. After talking to an attorney, he explained f...
Todd Bayer
So, what now?
Well, that's it. I've officially put all my money into properties, refinanced it out, bought more property and so on. I'm left with not enough to buy another one unless it is turnkey. I don't want turnkey propertie...
Lance Frasier
Long Term Real Estate Investing - Rate of Return & Questions
I'm thinking about becoming involved in real estate investment now that I have free time on my hands. In particular, I want to buy, rehab, and rent out properties (long term holding). Eventually I'd like to get my h...
Doug Proctor
Where to start with 50k
I live in the West Palm Beach, FL area. I have 50k cash to invest and I'm very interested in real estate, My credit isn't that great but I'm still young. Do I have enough cash to get a good start?