Josh G.
Lowest Rate Lenders for a Refinance?
What lenders have given you the best rates? I'm looking to refinance. When I got the loan from AmCAP, they were the lowest at the time, but I'm having trouble getting a call back from them now.Josh
Jay Ag
4% origination rate FHA
Closing on my first MFH with an FHA and just got the closing docs. Lenders origination rate is almost 4% is that too high ?
David Naphy
Cash out Refi or wait
Hi BP community, I appreciate any and all suggestions!Last year, I purchased a SFH under market at 7.65% interest rate and did some rehab to up the value. As of today, the house rents for $3,400 per month and my PITI ...
Sandy Metivier
Is it best practice to shop lenders?
Hi all. Is it best practice to shop lenders? Any tips/tricks or info around this would be super helpful.My situation:Credit score of 800-805 (depending on company). I want the lowest interest rate, and lowest down pay...
Brian Higa
LLC Refi????? Explain It to me as if I were a 5 year old
Ive been trying to get unstuck and researched the BP SiteFamily members purchased some investment RE with cashWe now want to put a loan on the properties but havent found any real long term (fixed rate 15 to 30 years)...
Jan Fensterer
Best way to Refi a property, just purchased w/HELOC
Hello-I have purchased and successfully flipped properties- This particular one came out of the blue- Any thoughts, advice would be greatly appreciated. We purchased a property before it came on market- Looks like it ...
Kaybreh Mathis
Alternative Refi Options?
Hello!My husband and I own 3 multi family properties. We found an amazing deal nearby that we want to BRRRR. We have the cash to purchase and rehab. However, my husband just took a part-time job as we’re making the tr...
Clint Diven
Using my own money as cash down, or other options?
I currently have enough in savings that I can fund roughly two down payments plus some rehab cost. I am trying to decide if I should go ahead and buy two, buy and hold properties and start cash flowing, or if I should...
Nick Gray
Is an FHA Loan's MIP Tax Deductible?
I have a 4-unit MFR under contract and I am comparing financing options for down payments of 10% and below. Not surprisingly, banks are pitching me hard on the FHA loan, which would carry a 1.75% upfront MIP rolled in...
Tyler Gautier
Owner Finance Strategy Question
I recently purchased a property for $674K purchased through a mortgage lender with 5% down at 5.875% fixed rate 30 year mortgage. I immediately was offered 765K from an interested party who would like to work out an o...