Van Ngo
Mortgage Requirement Without previous 2 years of W2, HELP!!!
Hi everyone, first I just want to say thank you for your info and guidance as I'm new at this.
I was trying to refinance and eventually get a second home, I was informed by multiple lenders that my income won't quali...
Keith Martel
Quick HELOC Feedback for a New Guy
Hey, folks,New to the forums here, and I've been inhaling everything BP over the past couple of months.Short Story on Us: A couple looking to get into our first deal(s). Our town has a lot of single-families and duple...
Candice Menard
Loan option question
Situation-I am using a non-recourse loan along with my solo 401(k) funds to purchase a rental home
Borrowing-130,000.00
Loan term options
Fixed rate20 year loan 6.5%
Variable rate 25 year loan
10/1...
Nicholas Wellet
HELOC Lender Recommendations
Hi Everyone,
First post on the forums. I am looking to fund my next BRRR opportunity with a HELOC. I would love to get a fixed rate HELOC to make cash flow more predictable, but there aren't too many lenders that o...
Jay Shawn
New Multifamily Development in Philadelphia
Hi, I am currently underwriting a 50 unit multifamily project in Philadelphia, PA. Can anyone advise on an average cost of ground-up construction in Philly?
Lane Kawaoka
Heloc 100% loan to value ltv
I am starting to see 100% ltv popping up My cu is quoting 5.25% for varible and 5.75 for fixed rate. Not a teaser rate.
Has anyone seen better rates? This is a great alternative to a cash out refi to come u...
Pranav Chunduru
Received a 6.6% interest rate, wanted your analysis.
Hello! I received a 6.6% interest rate. I am wondering if that's high given the current market. Good credit score, working at an entry-level software engineer at a FAANG company. Is this a competitive interest rate?
Account Closed
Question on self representing as a buyer
Hi there,Wondering if the professionals here can give me a clear answer. On several occasions, I’ve asked listing agents if they would be open to a cash buyer who represented themselves which would help save the selle...
Nick Dunbar
Partnership BRRR problem
How do you BRRR refinance a property bought in your name and transferred to a 50/50 equity partnership (no due on sale clause. Transfer was approved in writing)?We didn’t do this the ideal way. Purchased conventiona...
Candice Menard
Loan option question
Situation-I am using a non-recourse loan along with my solo 401(k) funds to purchase a rental home.
Borrowing-130,000.00
Loan term options
Fixed rate20 year loan 6.5%
Variable rate 25 year loan
10/1...