Cherish Nicole
I want to get my brokerage license.....Questions
Hello bp family!I am a realtor and I intend to get my brokerage license. Could anyone give a few pros and cons of transitioning from being an independent realtor to an independent broker? I am most interested in the f...
Alex Lumbard
Negotiating with Homepath during inspection period
I recently put in an offer on a Homepath property during the first look period and I intend to live in it. It's an OK deal, I'm not thrilled by the numbers but I like the area so I went ahead and made an offer.My ques...
William Truszkowski
Two houses on a single PIN
I have found a property for sale that has two houses on a single tax identification number. The first house was built in 2000 and the second house was built in 2013. Both houses have separate utilities, separate wells...
Benjamin Kolmer
New Member from England!
Good morning, all!Thanks to all of you for providing and contributing to such a wealth of knowledge and, well, wealth. My name is Ben Kolmer, I'm an Air Force officer currently stationed in England. Rough tour, right?...
Christian Tallet
Another Loan With FHA Loan
I currently have a multifamily property that I owner occupy. I got this with an FHA loan. After I've lived here for a year, would I be able to buy another property with a conventional loan? Would I have to refinance t...
Quinten Sepe
Mortgage Rate Options vs. Lender Credits vs. ?
Hey All,My mortgage broker got back to me with three options for our fee summary and amortization schedules.Option 1: Interest rate: 3.875%Lender credit: $340.52Total cash from borrower: $7,082.68Total monthly payment...
Zachary Switaj
Temporary rental of primary residence after refinance
Hello All,My fiancé and I refinanced our home (in NH) in November '20 (after purchasing in Nov '19). She is an RN and looking to take a travel nursing position for the Summer months which would leave our home vacant. ...
Raul Flores
Do I miss something with Financing
I am happy, the seller accepted my offer verbally, so I called the Loan company, so he said I can have loan, so let me explain:Option 1:I have one property I bought with Cash for $70K, added $25K rehab, I am putting i...
James Leos
Loan based on LIBOR rate plus points
Hi BP,I'm doing a cash out refi from a seller carried property I purchased in 2012. That same seller is interested in financing a new property for me, but with different terms. This is what his initial feedback was:...
Will Koederitz
First investment property - Royal Oak, MI
Hi, I am new to REI and to BP. I would like to share my recent (and ongoing) purchase and get feedback from others who are experienced on here. I plan to use this as a rental income property. The property I decided...