John Dunbar
Seller Finance interest terms
Quick legal question. I was negotiating an owner finance deal today, and seller stated that he was advised that he is unable to give a 0% interest on the finance terms unless it was to "a family member". Is there any ...
Eli B.
Refinance during Covid
Hi all. Just got a tenant in my newly renovated rental and want to refi (doing the brrrr strategy). My mortgage broker says that the banks are backed up and not looking at new applications. Any thoughts on this? I wo...
Angelina Grace
They are sending me to revisit a home and write a list of necessary renovations but our application hasnt been approved (is that odd?)
Good day all,
A lot has changed since my last posts. I very recently made a purchase of a home but now I would like to enter into a contract for deed with a company that sells REOs for ANOTHER home ( to flip). They sa...
Nicole Jones
Shopping around looking for best financing options
I'm looking to get financed NOW. I've had some response time issues with the 2 lenders I'm currently... eh "working with." What's the protocol with shopping around for lenders? Obviously I'm looking for the best rate ...
Dustin DuFault
Fannie Mae Underwriting Requirements - Am I interpreting this accurately?
Team BP,
I'm working on getting a foreclosure I purchased almost a year ago financed (hopefully!).
I've received lots of great leads already on BP, but I'm getting a little bit lost between what I'm bei...
Mary Holland
Hey everyone! Has anyone here gone through the application process for DSCR loans?
I'd love to hear about your experiences and how they compare to other types of commercial real estate financing. Any tips or advice would be super helpful!
Michael Spindler
Signature Loan for the Down, 30 yr fixed, then Refi?
Hello BP,
Regarding the use of a signature loan for a 20% down (acquired 3 months prior to mortgage application). How long do you need to wait to refi to get the money out to pay off the signature loan?
This is ass...
Steven Gesis
Value Add Multi-Family Cleveland, Ohio - Success Story
Investment Info:
Large multi-family (5+ units) commercial investment investment in Cleveland.
Purchase price: $850,000
Cash invested: $600,000
Contributors:
Matthew Fritz
A success st...
Gary Pilkington
Cozy users: Cozy is now Apartments.com. What are your thoughts?
As the owner of a small rental portfolio, I took over my own property management duties in 2019.Cozy made this transition extremely smooth and easy for someone who has never managed rentals prior to this.As a seasoned...
Nicholas Lawson
Fund And Grow + Equivalents - What Goes on Behind The Scenes?
This post was inspired by a discussion born from the thread “Fund and Grow Financing” by @Justin Sheley. In contemplating the discussion, I found it worthy to start a separate thread examining what companies like Fund...