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How to Spot the Difference
Upfront Fees. Large upfront fees in the amount of $5,000 that will be “credited back to you at closing” are a red flag. There’s no need for a fee that high and typically those deals never c...
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I've heard various estimates for closing costs, ranging from 2.5-5% of the property value to the $1500-$2500 that the BP calculator suggests. I'm assuming that all cash offers will be a bit cheaper than convention fin...
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Hello, BP!Is it possible to get a loan with with No Credit Score?
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Excited to start my real estate journey - 26,remote job pays well, great credit etc. and currently renting in Arlington VA. My goal is to live for free (or close as possible) and generally get in REI in a smart, pract...
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Is it going to be hard for me to obtain HO insurance on a property I am buying that is a rehab and will be vacant during renovations? I heard it may be. If it is possible which I am sure it is, am I looking at paying ...
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I just Refi $120k and looking for over 12units but most of Massachusetts Realestate seems to be almost at an all time high. Any thoughts on where my money can go far. 50% rule is a must.
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With record low interest rates and the new FHA mandate by Obama to lower mortgage insurance premiums, does anyone plan do a streamline refinance? I'm looking in to it and waiting to hear how it will affect monthly mor...
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The Commercial property itself for the most part qualifies for the loan vs. the fico score of the borrower with residential property.
You are able to obtain NON-recourse financing (not personally liable) for commerc...
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Hey everybody! My name is Mike and my wife and I are just in the beginning stages of investing and wanted to ask some questions and make some connections. I am an active duty Marine so my family and I are always movin...
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Hello.I've got a primary home 30yr loan at 3.95% of which $253k is left. $1272 PI, plus a 15yr HEL at $57k. $511 PI. Home is worth $420k so plenty of equity to refinance if we choose to.I have the opportunity for a pr...