Account Closed
best way to build credit score?
i took a class with Richdad poor dad a while ago and the guy said that you want to have as many credit cards as you can get. i have heard that having too many credit cards hurt your score.so my question to you is, wh...
John Thedford
What Might A Typical Pre-payment Penalty Be In SW Florida
Greetings fellow BP'ers...I have been doing some private lending (for some BP users as well as others) for some time now. My general parameters are 12%, 4 points origination fee (rolled into the note), for one year wi...
Cliff Bradshaw
Is this a Deal?
Pretty motivated seller wants to sell his old home to move to his new home. Here are the numbers:
Asking - 200k (way too high)
Owes - 165k
FMV - 170k thru 185k
He has tennants living in the home now but I don't kno...
Jeremy Rotert
Delayed Financing Exception
Listened to Podcast again 233 last week, with Arianne Lemire. I am interested to learn more about this strategy. Can someone explain to me in greater detail how this works? What are the requirements? Can it be done ...
N/A N/A
What Were Your Biggest Hurdles Starting Out??
What are some of the biggest hurdles professionally that you've encountered and how did you make it over the hurdles?
Vidit S.
Should I pay off mortgage faster or save for a new property?
Hi All - I am hoping all the experienced and smart people here can guide me so will cut right to the chase - I have a property in New York City as my primary residence and I want to know if I should pay off the princi...
Account Closed
Need help on my first MF! (Also my first home!!!)
Since I am a new investor and also a first time buyer you will most likely need to probe me for more information than I give here...
(Within a day or two) I will have the option of being under contract on this tri-pl...
Simon W.
Asking Seller to pay for closing cost and escrow fees?
Hi,
So I am in the middle of negotiating with the seller.
I told to listing agent that if I want to accept the seller's offer, he would have to pay for all the closing cost and escrow fees.
(I am new to this. This ...
Kenneth Ye
DSCR Refinance Quote
Hi Guys,I have a SFH in AZ that currently has a 8.25% DSCR 5 year prepayment penalty of 15k. I have a 800+ credit score and a one year lease in place that is 1.00 of the PITI. Current loan balance is 302k. Current va...
Matt Wan
Does paying off a mortgage early affect future loans?
From my understanding, mortgages are considered riskier investments than most other loans because the borrowers can repay early with little to no extra cost. If I hold a 6% bond and the rate on new issues drops to 3%...