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Results (10000)
Amy Summer Conventional Renovation Loan vs. other rehab finance options
3 December 2022 | 6 replies

Hello! First-time homebuyer here. I recently came across the Fannie mae home style loan, which I understand is a conventional renovation mortgage. I want to know what is the benefit to obtaining  a property under this...

Sue Benzuly Cash-Out Refi Rhode Island
29 April 2023 | 8 replies

Have equity that I would like to pull out of my rental property.  Quotes rates of 6.76-7.25. 
The lower rates are ARM and will give me 80% LTV. The higher rate is conventional at 70% LTV, estimated closing costs arou...

George Liu Credit unions vs. banks vs. brokers
29 August 2019 | 22 replies

Looking to do my first MF deal, but there seems to be a wide variance in rates - anywhere from low 4s (brokers, but charge an additional closing cost) to high 6s.  Where are folks finding the best combination of rates...

Danren Jones Negotiating after home inspection
1 February 2019 | 2 replies

Hey BP family, I have my first triplex under contract and we’re going to closing soon. Yesterday I went through the home inspection and a few things were found. There is a sub roof for a kitchen that needs to be repla...

Younness Dehbi Input please, pretty please.
17 September 2015 | 9 replies

I was going to buy my first rental here in Houston, TX, I was going to put 20% plus pay closing cost on a 94K ranch style property, I'm about to put 30K to acquire this, I think this is excessive, I'm doing something ...

Emmanel Mebratu simple owner occupy duplex but missed opportunity for first time homebuyers
5 December 2023 | 0 replies

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $465,000

Cash invested: $65,000

Owner Occupy Side by Side duplex

What made you interested in inves...

Casey Rondinella What do you think about this deal? [Calc Review]
14 May 2018 | 7 replies

View reportPhoenix Arizona near downtown* is there an issue with ARV? I put it as "$400,000" in form but says more than $400,000 on report * what about 50% rule? seems to break the deal.* Seems like cash on cash retur...

Christopher J Woodland 2 1 Rate buydown
17 March 2023 | 11 replies

So, I've come across 2-1- rate buydowns a few times recently. I understand the general concept of it don't really understand the mechanics of how it works. I was hoping someone could explain how you work this into a c...

John Gillick Is this a good deal?
20 February 2024 | 4 replies

In a work/money fix&flip partnership:
The silent partner provides $1M.
The working partner does all the work, including securing an additional $1.4M in financing for the LLC.
The working partner keeps 2% of the...

Thomas Smith House Hack/BRRRR with Lessons Learned
21 December 2020 | 6 replies

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $209,000

Cash invested: $8,300

House Hack/BRRRR Deal
- Purchased 11/2018
- Occupied the lower unit
- Starte...