Kar Sun
Tenant insurance underwritten with landlords name
4 January 2025 | 5 replies
As additional insured you will also receive notice if the tenant ever changes their policy or cancels it.
Timothy Finney
New Member from Austin, TX – Excited to Begin My Real Estate Journey
18 January 2025 | 6 replies
You have received a lot of advice here already.
Sri R.
Multifamily Groundup Construction loan
14 January 2025 | 4 replies
I have a program nationwide that does NOT require GC to sign anything, only provide proof of 3 C/O's (certificate of occupancy) over the last year I.e. built received occupancy permission now unit is on market or habitable. 700+ FICO I can get you 80%LTC loan to cost on the project on ground up construction for 1-4 units.
Aja Sellers
Greetings from Germany!
22 January 2025 | 7 replies
If you see someone violating the rules, create a post with "@moderators" and we will receive a notification and respond.Again, welcome to BiggerPockets and happy investing!
Desiree Rejeili
Understanding Mortgage Recasting: What Homeowners Need to Know
22 January 2025 | 0 replies
Mortgage recasting is a great option for homeowners who:Have received a windfall, such as a bonus, inheritance, or proceeds from selling another property.Want to lower their monthly payments without extending their loan term or going through the hassle of refinancing.Are satisfied with their current interest rate and loan terms.How to Get StartedIf you’re considering mortgage recasting, here are the steps to take:Contact Your Lender: Ask if they offer mortgage recasting and confirm your loan’s eligibility.Determine the Lump Sum Amount: Decide how much you can afford to put toward your principal.Calculate Potential Savings: Use an online mortgage calculator or consult with your lender to estimate your new monthly payment and total savings.Submit the Request: Once you’ve made the lump sum payment, your lender will process the recasting and provide a new payment schedule.Final ThoughtsMortgage recasting can be a powerful tool for homeowners looking to reduce their monthly payments and save on interest without the cost and complexity of refinancing.
Sarp Ka
Cheapest way to make a cash offer???
20 January 2025 | 4 replies
I've received apps in the past where this was the exact situation only for the borrower to not qualify and be stuck.
Adonis Williams
Inquiry: Mortgage Interest Rate with Point Buy Down
14 January 2025 | 6 replies
@Adonis Williams, you've received great comments: It depends on so many things, including FICO, LTV, type of loan, etc.
Stuart Udis
Bigger Pockets Forum Suggestion
2 January 2025 | 2 replies
When I receive inbox messages and the sender can't even keep their name consistent between signature and account name, you know its getting out of hand.
Christopher Helwig
Multi-media Documentation of Flipping for Potential Buyers
9 January 2025 | 3 replies
No sure about that as buyers want to see the finished product and showing them before pictures will often not be well received.
Account Closed
L.A. Wildfires and Their Tax Implications for Affected Residents
9 January 2025 | 0 replies
Additionally, those forced to relocate due to the fires should update their address with the IRS to ensure they continue to receive relevant communications.