Stefanie Bergmann
pay more principal or take more cash flow?
I just made my first mortgage payment and am having some serious sticker shock when looking at the interest.why is it almost all interest? I cash flow very well on this, so could definitely afford to pay more towards ...
Frank Celio
understanding terms and conditions of private money lender
I am new in Real Estate and was approached by a money lender in a FB group page. He told me he could finance my first real estate deal at 4% on the loan. I liked the interest rate but I asked him what were his terms a...
C Lewis
HELP- Refinance and IBR Issues
On 9/3/15, I was approved by Quicken Loans for a FHA refinance cash out. I purchased this home 8 years ago for $68,000 and now owe $61,000. The house was just appraised for $116,000 I was initially approved with Quic...
Zoe Lee
tenant with massive loans
We are looking at an applicant with massive loans (130k student loan and it's a low paying major). The "estimated monthly payment" listed on the credit report is however less than 1k. Is this estimate accurate? Or I'm...
Michael Plante
Usual Total fees interest etc for 100k hard money loan for 4 mont
Speak to me like I am 5 Years old Customary Total fees interest etc for 100k hard money loan for 4 months?
Scott Tuck
Chat GPT and loan types with numbers
Request:List real estate loan types and a hypothetical example of each with a national interest rate of 6.5% and total repayment amount Include dscr and hard money loan, fixed-rate mortgage, arm, fha loan,va loan, int...
Jason Avila
Thrift savings plan loan
I am coming up 20 years in the Army. Preparing to retire. Have paid down all debt except 3 mortgages and one vehicle. The plan was to retire debt free with exception of the vehicle. With the current COVID pandemic, T...
Peter Kozlowski
New investor business plan
Hey everyone,New investor here. I just read and took comprehensive notes from three books on real estate investing:- Long-Distance Real Estate Investing (David Greene)- The Book On Rental Property Investing (Brandon T...
Louis Fernandes
Seeking Advice from BiggerPockets Community: Loan Direct LTD Legitimacy?
Hello BiggerPockets Community,
I hope this post finds you all well. I am reaching out for some valuable insights and advice regarding an opportunity that has come my way, and your collective wisdom could make a signi...
Lara Nicole
SB 5160 Eviction Ban Bill
SB 5160 Eviction Ban Bill -- mandates that housing providers renew any rental agreement or month-to-month tenancy for 2 years after the end of the emergency period ends, unless the property owner sells the unit, or mo...