Randy Buff
New 2/1 X 2 duplex for my portfolio
12 December 2024 | 1 reply
This deal originally was supposed to happen in December 2023 but the seller wanted to wait.Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Daniel Schiller
GovernmentAuction.com - experience?
19 December 2024 | 24 replies
Originally posted by @Erik Peddle:I just won some bids on this site and am emailing with one of their people.
Kevin Oh
Shopping around for better rates
18 December 2024 | 12 replies
The worst lenders I have dealt with are the ones with underwriters in one time zone and origination department in another, branch manager in another that don’t communicate well with each other and end up over-promising while not being able to deliver.
Ben Lindquist
Qualified Intermediaries - Any good or bad experiences?
17 December 2024 | 8 replies
Originally posted by @Ben Lindquist:Hello BP Community!
Sanjay Bhagat
Track record of Syndicate
12 December 2024 | 18 replies
If you listen to David Greene, he's hearing more and more stories about syndications struggling to keep up with their promises and a lot of investors are losing money, or pouring more money into the syndication to try and save their original money.
Elliot Tan
Can you assume a VA loan with an entity?
13 December 2024 | 2 replies
This is because VA loans are tied to the borrower’s personal ability to repay and require a creditworthiness review.VA Entitlement Consideration: If you’re assuming a VA loan, the original borrower’s VA entitlement may remain tied to the loan unless you’re a veteran eligible to substitute your own entitlement.2.
Ryan Dunn
Unexpected Rate Increase on BRRRR Loan – Is This Normal?
10 December 2024 | 36 replies
We were told the secondary market started rejecting the lower priced paper that they were originating and they were forced to raise the rates.
Wendy Abraham
Hard money lenders who have you used?
11 December 2024 | 12 replies
I mention this as I have seen some people want to sue companies because they were a sponsored affiliate on a website…Regarding the original post- expect 10-12% (I think latest I saw is avg is 11.5%) rate plus atleast one point for a 12 month loan.Bigger companies may take longer for approval and can be more flexible usually in down payment amounts.