Hi everyone, I am new to Bigger Pockets. I live in California but looking to invest in Lehigh Acres with a new build Duplex. I am currently working with Hollistic REI out of Jacksonville. Does anyone have any experien...
What would you prefer?
Residential investment property
80% ltv at 4.625% on a 10/1 arm (30 year)
OR
75% ltv at 5.5% on a fixed 30 year
I’m not concerned at all about the 5% ltv up front so please don’t let th...
I would like for people with experience to explain the difference between these two, and give an example of when it's best to use one over the other when getting a loan. Thanks.
Hi there BP...I did a search on this topic but could not find any past posts on this. Has anyone called up their lender/bank and asked for an interest rate adjustment on a conventional residential loan (agency debt)?...
Hey there,I am finally about to close on my first multi-family. The hustle has been strong for 4 years now. I created an LLC a couple years ago and was wondering if there is a benefit to opening up a business savings ...
Everyone around seems to agree that recession's gonna come within 3 years with a high probability. If it's true, does it mean that it makes all the multifamily deals right now much worse than lets say 5 years ago? I s...
Hey all! My fiance and I are looking to purchase an investment property in San Antonio, TX by the end of the year for no more than $100k. We're currently located in Los Angeles, CA, but through some research and feedb...
After many of the Ashcroft capital syndications paused distributions, I get this surprise email this morning saying all LP investors need to pay additional 19.7% of invested capital call anyone have experience with c...
Hello bay area dwellers,I have been thinking of getting started in real estate by investing in a (MFR) in the bay area. I crunched some numbers to come up with cities that offer highest rent/price ratio (in theory) wh...
Hey BP,I'm considering buying a property to first owner-occupy, and later rent out in the Bay Area. I'm looking to accomplish a few things:1) Take full advantage of Prop 13, by buying a fixer at a low price and lockin...