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Results (10000)
Ralph Chappelle When looking Mortgage company
16 December 2019 | 4 replies

Can someone please advise, when looking for a mortgage company is it wise to submit your financial documents To multiple mortgage companies at one time? Also it is my understanding that by submitting to multiple compa...

Landon Kohlrusch 5 Year Balloon Mortgage Pros/Cons
26 April 2022 | 6 replies

Hello,I am currently looking into buying my first investment property (potentially small multi-family). I have bought my Primary Residence and another 82 acre land purchase thru a local bank in which i have gained a p...

Steven J. 203k vs. construction loan
20 November 2013 | 2 replies

I talked with a lender today who doesn't do 203k but instead does construction loans. I'm curious as to what the advantages are over using a construction loan is versus the 203k. What I got out of the conversation...

Tracy Mayfield Is a Cash Out Possible?
19 August 2023 | 6 replies

I own a rental property here in California with a good amount of equity. I wanted to do a Cash out to pay down some debt and use some to look at options for buying another property. I have good W-2 income around $190k...

Pat McCandless Financing question for duplex
23 November 2016 | 6 replies

I am a little skeptical on using this lender for a property I found. They are willing to finance 100% of the purchase price (35k). Is that unheard of? All iv had to do was give them a form of ID, tell them how much I...

Tarsha Adeyemi $30,000 finders fee on a foreclosure ?
12 April 2023 | 7 replies

An agent wants to charge a 30,000 finders fee on a $250,000 property.  That sounds really high.  Is that normal?

Jimmy Warr When applying for a hard money loan??
15 February 2016 | 9 replies

When applying for a hard money loan is it typical for someone to ask for a small fee upfront? I received the below email after submitting an application to a hard money lender:
"There are no upfront fees, but there is...

Alicia Waldman Vetting Hard Money Lenders
8 June 2017 | 18 replies

Hello All,

I'm new to BP and am using this site as source to educate myself about REI. My strategy is to rehab, buy and hold. I've found a few companies that offer 5 year interest only rental property progr...

Mak K. Line of Credit vs Mortgage- Interest rates & fees
22 January 2024 | 0 replies

Hi,
I have always been a cash buyer and this is the first time I am looking at a lender for a deal. I am trying to decided the differences and especially the interest & expenses associated with the different type...