Hello to the BP community!
To be as concise as possible, I'm a mortgage broker (MLO) that mainly does Hard Money Lending through my network of Private Individuals in Tampa, FL. An opportunity arose to do a fund a com...

Hello everyone,

i consider myself a careful and seasoned landlord. Most recently I had a unit for rent and I screened  carefully, made them do my smart move application, checked paystubs, bank statements. My smart ...

Hi All. I've been investing full time in Fl and SC for a while now and Im looking to branch out. I want to get my Mortgage Broker License but Im finding it difficult to find a reputable online company to get the test ...

We were living in our house, bought in 2014, when we refinanced it in 2017. Moved out and rented it in 2019. It has been rented since 2019. Should our basis amount for depreciation be the original purchase price or th...

Hi,I'm being forced to change note servicer on my notes since my old servicer will no longer be licensed in the state where I have most of my notes (MI).The Old servicer recommended West Star in Phoenix, and they seem...

I am new to really being able to analyzing different loan products and finding the best lender but this lender was recommended from other investors and property managers. I am under contract on a 3 flat and the loan w...

I’m not sure where to post this, but has anyone had original post threads deleted? Bigger Pockets states that they do not remove posts. There have been two instances where the original thread is gone. One recent threa...

Hey all,Looking at 2 potential investment properties and trying to evaluate some of the criteria a lender would use to underwrite me. As a starting point, i have a mortgage on my primary residence. The first house i c...

I'm looking to buy a second property with a VA loan.   I called a VA  lender to get the ball rolling.  He said the origination fee (flat fee), would be $1,300. Does this sound about right?  I don't remember paying a f...

Wondering if it’s normal for lenders to ask for a loan origination fee of approx. $1200. What is the usual ways you deal with this transaction? I suggested giving the funds to an attorney in trust and releasing them a...