I am looking at buying an investment property. I have talked to a couple of different lenders, and they quoted me 25% down and a fixed interest rate for 15 years at 3.75%, but here’s the catch, this is only if I put ...
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I am getting ready to buy my first property and I am taking money out of my primary house. My banker is telling me to refinance to save the interest and a smaller payment rather than using a HELOC at a higher rate. S...
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Hello BiggerPocket Family.....I need some general financing advice. We are somewhat beginners in real-estate. We have 6 doors of which we purchased utilizing 401K funds and refi cashouts. We have a combination of LTR,...
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In my mind there are 4 general categories of participants in real estate investing
1- ADVISORS - Attorneys, accountants, title company employees, contractors, appraisers, etc - usually compensated fixed fee or per h...
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Hello!
I'm a newbie from Iowa to the real estate investment world and am in need of capital to make my first investment. One of the options I've been looking into is using a HELOC on my primary residence. Before doin...
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I got pre-approval for a construction loan for 8% qualifying rate (not final). What is the current going rate these days ?How much is too much ?
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Hi all,I bought a house in October and my parents loaned me money for the down payment. I am looking at my options to repay them as they loaned it to me for 6 months. I am considering refinancing one of my properties ...
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My husband and I own three duplexes that we rent out. They are all paid off. We are retired, and the rents are how we derive income. We also own our residence outright. Our credit scores are in the 800 range. Our ...
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Hello BP,
Anyone worked or know Capital Fundings LLC known as Capfund I believe. They said that they have interest rates, 2 points and absolutely no other fees. This will be my first to use a hard money and want to ...
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Can any appraisers give me some insight about this? How would something work where someone needs to get a loan and an appraisal needs done, but there are no comps? Does this mean everything is a no-go?My best example ...