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I joined Partner Driven 2 months ago, I was quoted the 10K and im paying $1,500.00 a month. The problem I found with them is that they have so much going on. One of my problems is that I've been a contractor all my li...
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We are in the process of getting another DSCR loan. What do you all think are the pro's and con's of a 5 yr ppp in the mid 5% range vs 3 yr ppp in the mid 6% range. I'm getting mixed signals about paying pts from lend...
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I was at a Renatus meeting last night and they did a presentation on velocity banking where you use your lines of credit to pay off mortgage(s). The presentation was done well, but it went to quick to actually do the...
I would like to refinance my nearly 5% interest rate on a multi family duplex that has $85K and 15+ yrs remaining on the mortgage. I can’t find a competitive rate when factoring rates and closing costs because it’s a ...
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Hey guys/gals,I’m looking for additional ideas for “value add items” for apartment complexes please. (Basically items where one can add value to the complex which are currently not being done at the complex). Here i...
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we gave 5k earnest money, agreed to 82.5k and at most 2.4k miscellaneous and closing costs. HUD gets to us and its an additional 3.9k. We call them on it and they say they incurred more costs than normal in acquirin...
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Hello and thank you in advance for your help.
I have a long term rental that has been sitting for a bit. The property isn't the problem (new construction, out of state in TX) according to my PM. It has been suggested...
I'd like to purchase a multi family place, live in one of the units, and put less than the conventional 25% as a down payment using an FHA mortgage.I know this would require an extra 0.85% on my interest rate as MIP, ...
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Hello Bigger Pockets!So, recently I was prequalified for (x) amount of dollars through a mortgage broker - it is solely based off of my debt-to-income, but I am using "gifted funds" from my fiancee for part of my down...
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Hey all. Getting things ready to launch my first STR and wondering what systems you all are using to automate your listings. Also, any helpful tips would be greatly appreciated!