Joe Matthews
1st Time With HELOC Need Help
I am researching getting a HELOC as a vehicle to purchase my first investment. I have about $165,000 in equity and understand I would only have access to about 80% of that. I need help understanding how HELOC works. -...
Danielle Duffy
Over asking to cover closing cost FHA loan
thoughts?
Quick question: I have the funds to cover the 3.5% FHA required down payment.
I would like to put in an offer on a home asking is 172,600.
Offer 180,000.
Seller pays up to 7,400 Closing cost (bank fees, etc...
Paul Zofsak
Closing costs
So I am getting ready to submit an offer on a property, the market is turning into a sellers market so I may have to pay full asking price. I indicated to my agent that maybe I could recoup some money by getting help...
David Miller
My first ever BRRRR - Milwaukee, WI
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $84,400
Cash invested: $17,000
MLS property: (Duplex) 4 bed, 2 bath, 1,958 sqft
List price: $110,000
Initial...
Amy Lee
Shopping rates FHA
Hi, I was "shopping" for rates because someone advised me that is the way to go. Now I'm realizing it doesn't make sense. I don't get locked into any rate so the rate I shopped 2 weeks ago is not the rate I would get ...
Joe Fairless
Here is when it makes sense to buy nicer properties
I've been documenting my company's progress and lessons learned as we've grown. We recently closed on two apartment communities which puts our total portfolio over $170,000,000. You can catch up with my lessons learne...
Ramy Man
change interest rate before closing
Has anyone had experience with changing the mortgage rate somehow right before closing?The interest rate is currently going down but I am locked (it seems) at an interest rate that is higher. It seems like there isn't...
Corey Reyment
Case Study Of the BRRRR
Hi guys! I wanted to share a quick case study of the BRRRR. This is one of my favorite strategies in real estate! I mainly love it because it's doable to anyone! It doesnt matter if they don't have a lot of funds, don...
Chi Sastry
Financing Options for 4-plex.
Hi BP-
buying my 3rd multi-unit property.
I’m putting a contract on a 4plex
I’d like to understand which financing option is better:Option 1 - Residential loan- 7.99%, 30 yrs, 25% down. 3 points at closing plus ...
Jent Botterman
Advice on Refinancing from an FHA to a 15 or 20 yr Conventional
Hi all - This is my first time posing here, and I'm hoping for some good insight.
I bought a SFH in June with an FHA loan at 2.75% APR. My payment is very manageable at $1,700/month. I've recently reached 20% equit...