Devon L.
APR% for Investment Property higher?
Hi all, Quick question, I'm in the market for my first investment property and the first mortgage company quoted me 5.427% on a 30 fixed mortgage. The 2-3 family units I'm looking at are between 55-70K. One company ...
Nye Eddings
The only reason I have a 401k is to pull from it for investing...
Hi BP!Most companies provide their employees 401k plans or Roth accounts. There are options for employees to be able to take personal loans (up to 50% of the vested amount twice a year), loan for primary residence an...
Israel Irizarry
Trust Deeds Investing 101
WHAT DOES IT MEAN AND HOW DO I DO IT?As an investor you have many options when it comes to where you put your money. Day after day whether you are driving to work or watching TV, you’ll see advertisements telling you ...
Anna Dyal
Trying to get a loan leveraging my property
Hey everyone. Can anyone point me in the right direction. I have a 650 credit score. I was told i can't get a heloc or any type of home cash out loans because of my late payments on my morgage during covid. I'm back a...
Brendan Travers
Previous loan officer with eligibility on license still....
2 years since I've been a loan officer.. was selling cashout refi for mostly VA but FHA and Conv as well... Now I sell IT/Telco to Real Estate/Property management companies. Always known real estate was my long-term g...
Stefanie Willie-Bonglo
Hard $ vs. line of credit
Hello all, my husband and I are planning to buy our first flip in 2016. We are new to bigger pockets and are loving all of the amazing advice and community tips! I've previously been in the mortgage industry and have ...
Matt Huber
Due On Sale Insurance and Subject To Servicing
On the BiggerPockets podcast episode 527, Pace Morby explained that there are companies that provide "Due on Sale Clause" insurance. I've Googled a bit, but can't seem to find any further information or providers of t...
Trevor Beck
Getting Loan As Independent Sales Rep
I work as an independent sales rep in Denver for multiple companies at any given time and my pay is 100% commission based. From December 2016-December 2017 by income will greatly exceed $100k but I can't seem to get f...
Account Closed
Private lender relationships
Hello, I have a question about fix and flipping houses. I know that out of the many relationships you can achieve with a lender, two are: equity partner and taking a loan from them. Assuming that your lender isn't ins...
Steve Wang
Delayed Financing to include renovation cost without seasoning
I'm about to make an offer on a house with cash and I hope to refi the cash out immediately after renovation. I learned that you can get a conventional loan called "Delayed Financing" loan. However, this loan can onl...