Hello bigger pockets family,I have a question about hard Lenders and financing with them. Generally hard Lenders have higher interest rates and would typically have me think twice about using them. But with the market...
Folks, I have received a "settlement statement" that lists estimated closing costs that the buyer has to pay. I questioned some of these charges and got the lender (loan officer) to agree that they should be removed. ...
I recently closed on a refinance conventional loan, and rushed through the closing as we were trying to use the funds to finance the downpayment of a purchase deal. A settlement statement was not provided or signed du...
All,I was wondering if anyone could recommend a good mortgage lender who is willing to lend more than 65% of the appraised or purchase price for a triplex in Ohio. This would be a delayed financing. I am purchasing ...
New to this. I have a copy of estimated settlement costs. When should I get the final copy, at settlement?
What legal documents do I have to sign at settlement? So far all I have is an estimated settlement cost pa...
Have you closed one or more short sales in the last couple years?
If so, how many have you closed and what's the typical write-down you are able to get banks to accept nowadays? 15%? 50%?
I'm hearing ...
At some stage in 2021 (depending on my tenants) I will be looking to do a 1031 exchange into a property portfolio.I will need a 1031 Qualified Intermediary and a Portfolio Lender to finance the deal. I have some quest...
From the reading I've done, it sounds like table funding occurs when the source of loan origination money is different than the that of the lender named in the note/deed of trust documents. Is that basically it, o...
Hi guys. My partner and I have a hard money loan on a property we are flipping. We are both 50/50 owners of the llc the property was purchased under. We both personally guaranteed the loan. Loan was for 90% percent of...
I'm going over my options to cash out on two properties. I spoke with a few local lenders today and was a bit surprised at the cost to refinance. I would love other people's opinion on the current going rates. The len...