Saran Mandhadapu
HELP!! Need Advice for Mortgage for investment property
Hello,I am in the process of purchasing a multi-unit property. I need help in deciding which mortgage to choose out of the options below. Please give me specific answers keeping in mind that all other terms are the sa...
Jason Wiser
fixed term tenancy vs periodic tenancy
We are first time landlords and just bought our first duplex. As we begin to decide what lease agreement to draft, we just want to ask others what they personally think is better and why? We have read a lot of blogs o...
Mikias Lulseged
Fix and Flip Refinance Seasoning Period
I just got done with my first rehab project. I purchased a SFH in bad shape, fixed it up, and increased its value by 90K. It was a clear win. After ti's is done and rented, I approached a small bank to refinance and ...
Joey Bresette
ARM to Fixed Rate Mortgage
Hey Guys,
I'm currently getting my real estate license in California for when I go to school out there. I'm in the last section of the pre-licensure course going over adjustable-rate mortgages (ARM). In the explanati...
Joseph Lyons
How to select the fixed period for my commercial loan
I’m closing on a sixplex, in Des Moines, IA, here in about a week. I don’t love the loan I’m getting, but it’s getting me started, and that’s what’s important right now. There’s a “Range of balloon note products that ...
Horacio Gutierrez
How does a ARM 5/1 loan work
In a 5/1 ARM loan can the bank agree to a higher fixed interest rate for a 30 years mortgage when the 5/1 ARM loan is setup or do you have to wait after 5th year and then you will need to refinance into 30 year fixed ...
Shelly Glennon
CRE Cash out refi on long held, LONG term tenant, looking for 25-30 year term
Hi, I'm new to BP forums, but been listening/reading for a few years. We have a family partnership that holds some commercial properties (light industrial) and I am looking to help resolve some family disagreements b...
Dylan Tran
HELOC OR EQUITY LOAN?
Hello fellow investors,My partners and I just started an LLC for home re-development aka house flipping.Each of us will have equal shares, so monetary input.We just landed our first deal through the MLS for 170k.The q...
Tom Hertel
Shorter Amortization Schedule for Longer Fixed-Rate Period?
I'm curious if anyone has experience regarding commercial loans that have shorter amortization schedules (ex less than 20 years). Are smaller banks willing to extend the fixed rate period in "exchange" for a shorter a...
Eric Chow
Help With Lender Options
Hello Everyone, I am a newbie and about to make an offer this week on my first rental property (duplex)! I have a couple of options for financing that I would love to get some advice on. To keep it simple I basically ...