Colbi Ight
Refinance rates and fees
I recently got a quote for a rental home refinance that I own free and clear. It brings in $1350 a month appraisal at 155k to 165k. The 2 rate options were 6.9% plus $5,470 in fees 30 day close 75% appraised value and...
Arti Ta
Mortgage broker for conventional loan
What's the 30 year term mortgage we could get with 20%-25% down with no fees?
John Morgan
What exactly does refinance mean in the "BRRRR" strategy?
Hello BP!! I'm currently reading "The book on rental property investing" and just finished the section speaking on the "BRRRR" strategy and how this is beneficial. I've also heard and seen other people mention this st...
Althea Kenton
Refinancing after seasoning period
Hi family, I'm almost ready to make the first offer. But I'm hesitating because of concerns about my credit and getting financing after the seasoning period. I have a charge off on my credit that occurred 14 months ag...
Isaac D.
Immediately refinance Hard money loan
I’m closing on my 2nd flip in a few weeks using hard money.I’m estimating it’ll probably take 4 months to do the rehab and another 2-3 to market and sell the property.I could get a conventional loan but this property ...
James Lindsey
Reusing the same loan?
In the case of a conventional 30 year loan used to purchase a house for flipping purposes. Can you simply re-use that same loan when you successfully flip a house for the next house? In order to not hurt your credit s...
Victoria Bezden
HOA transfer fees after HOA foreclosure auction?
Hello everyone,I buy HOA foreclosures in Harris County, Texas. One of the management companies (the same one every time, though HOA is always different) that sells those apartments is trying to charge me transfer fee ...
Masood Amin
How Can I buy a property without a job
Hello BP,Just graduated college last year as an engineer and right now I am having a really tough time finding a job. In the meantime I have been reading a lot of investing books and I am very passionate about gettin...
Page Huyette
Need advice on structuring equity partnership for flip
I have a SFR under contract that I plan to rehab and sell within 6 months. Hard money has not worked out since I don't have the fast-flip experience to justify the risk (all of my rehabs have been much longer time fr...
Roy Palmer
Low/No money down financing for our first multifamily househack
Hi! I'm 22 years old, from Minneapolis, MN.My girlfriend and I are looking to purchase a multifamily home for a househack this Spring. We have been looking into low/no money down programs such as Neighborhood LIFT and...