Kristi Wolfe
DTI if I have 100% of purchase price in the bank
My husband and I are considering partnering with my brother on a deal. Between the 3 of us, we have well over 100% of the purchase price in IRAs, savings, and investments. I am self employed and my W2s show only ab...
Evan McCourt
First flipping project
Investment Info:
Single-family residence fix & flip investment in Somers Point.
Purchase price: $90,000
Cash invested: $80,000
Sale price: $230,000
Our first flip was of a 3 bedroom 2 bathroo...
Alexcia White
Closing cost did not match.
Hi Everyone, just curious to see if this’s normal, I was closing on a deal and the numbers from the lender did not match the numbers the lawyer have the lawyer said it does matter because it’s not what we are paying f...
Ryan Halverson
Just finished my MF Analysis Spreadsheet
I know there are a ton of these in the fileplace but mine has a unique feature I was looking for...a slider to increase/decrease purchase price so you can fine tune your ROI numbers. Check it out and let me know what...
Michael B.
Investment attorney in los angeles county or ventura county
Hi BP friends! Given how important this step is in our journey we are really doing a lot of research on it but also wanted to reach out to anyone who may have a great referral. We are in need of a real estate investor...
Amanda Berg
question regarding HELOC
Hello BP community!I'm trying to get my finances in order right now and I have decided to do my first flip with funds from my HELOC. I'm trying to determine what a bank or credit union will give me. If the value of my...
Anthony Zotto
Have cash but cannot get a loan
A friend of mine has $300k cash but cannot get a loan and wants to purchase a multi family building but does not know where or how big. What is the best way for this person to get the most efficient use of his money? ...
Adam Wright
Creative Mortgage Negotiation
Hey Bigger Pockets Community,
I'm inquiring about mortgage negotiations and creative structure for primary residence. Thinking outside the box, what're some common/uncommon concessions that I might be able to work in...
John Thedford
What Are Average Rates For Transactional Funding In SW FL
Hello....I have an individual asking about borrowing some transaction funds in SW Florida. I haven't done these and haven't paid attention to average rates for this type of transaction. Thoughts? @Jay Hinrichs? Any ot...
Filip Filmar
How to work out the effect of LLPA on a mortgage rate?
Hi, folks. I'm doing some self-education about loans and lending, and am a bit confused about the effect of loan-level price adjustment (LLPA) on a mortgage rate.I understand what LLPA is, and there are plenty of pla...