I Just had 2 buyers purchase newly built homes, same family, both with impeccable credit and little to no debt. They were swayed away from the builders financing and toward a mortgage broker. The first recieved 4k in...
What's the 30 year term mortgage we could get with 20%-25% down with no fees?
What is a good company to use for a DSCR loan with 100% financing?
Hi, I have excellent credit in the 815/820 range and the lowest rate I've found after going to multiple brokers/lenders (4) is 4.875, which seems high. I have been a sfh investor for 5 years and have the down payment...
Our offer got accepted on a duplex this past weekend. The rate we were told was 5.5%, and that's with paying an additional 3,535 at closing to reduce it to that. This seems high. Are other people seeing similar number...
You can spin the increasing debt as "consumer confidence," alongside manipulated statistics such as "lowest unemployment rate" (look around you, do you really think we don't have an employment problem when all the hea...
Hi all,I currently feel stuck in my investing journey. I have 6 houses and I am trying to get my 7th, but my credit score is 711, just shy of the 720 needed to get approved for a conventional loan. My scores on Credi...
All,For some dumb reason I thought I could by an investment property with great credit and 20% down to secure a 30 year term. I was told by our Credit union that the max term they will loan is 15 years. Is that true...
BP Fam, thanks in advance for your help with this situation. I'm in escrow on a duplex, my credit score is high 750+, I'm a W2 employee, and I plan on keeping this duplex for more than 10 years. With all the speculati...
Hello Biggepocketers, This is my first post and I am finally getting my feet wet. I am considering an owner-occupied Duplex and I got these two mortgage quotes:FHA: 5% down - 3.375% - fee: $400 - Mont...