How long do I have to leave in my house before it's considered my primary residence I'm thinking about moving back into my duplex so I can refinance it I say owner-occupied I bought this property 3 years ago I live...
So I need some help doing the BRRR strategy successfully... So I just bought two properties and put around $15,000 into each of them. My current lending bank basically just told me, not to my surprise, that there is...
My dad owns 41 units right together. He has $800,000 in them. The rent from them have been paying the loan for 4 or 5 years. He said a few years ago they appraised around 1.2m and since then have fixed several of them...
I currently have three properties that are 30 years loan with about 5.3 interest rate should I go ahead and start refinancing them into a 15 or 10-year loan or Do I just keep the original loan and just pay more toward...
I am currently following Dave Ramsey’s plan on finance. If you don’t know it is summed up with 7 baby steps. I’m on step 6 which is pay off your home early.
I currently have a 15 year loan at 3.3% with 11 left if I ...
Tried doing a cash-out refinance with Quicken to find another deal and this is the response I got:
Unfortunately when I submit this through the electronic underwriting system I don't get the thumbs up. Your credit i...
Is this still possible? I own a rental unit which I bought during the bubble. 9 years later it’s still worth less than what I owe. Not huge about 20k underwater AND there is zero cash flow.
I’ve been holding on all ...
Hey guys.
My partner and I are looking at a duplex with a separate 1 bedroom 1 bath house for sale also so 3 units. Rent is 550 a month so 1650 a month total for the 3. Total expenses will be 1171 leaving us w...
Are there any broker outlets to broker the Fannie mae solar panel loans? There is a refi program that allows borrowers to cash out their equity for solar panels with special guidelines but i can't find an outlet/lend...
Hi BP,
I'm doing my first refinance soon and had a few questions.
I often hear Brandon talk about him and his wife putting together a packet when going to talk to lenders. Is there a place on BP that lists out what ...