Good morning BP, Happy New Year! First off, let's address the elephant in the room. The Fed announced they are dropping interest rates four times throughout 2024. I feel as if, for the past year/year and a half everyo...

Hello biggerpockets! I don't know what to do with my property. I and my husband bought our first house in October 2022 when there's a lot of changes in interest rate. ( 5.5 % with VA roan? 5 bed 3 bath house ) For une...

Changes That Will Affect the Entire Real Estate and Mortgage IndustryThe rules are changing for mortgage lenders. The consumer Financial Protection Bureau (cFPB) is replacing some of the forms used at closing and requ...

Hello All,Can someone help me understand a particular term, Bad debt.   In addition, what is means to see increased "Bad Debt" at this time, both in general and in quantitative terms.  If this value (Bad Debt) does ch...

I'll try to keep this as short and sweet as I can. Here's our situation:

We are relocating to another city (job promotion) and have decided to rent our home. We just changed our homeowners insurance to cove...

The lenders I have spoken with all have limited offerings and the pricing is way up.  
The lender I generally work with just:
Raised rates 1.5% and 4k processing fee up from 400.

Hey BP,

How much control does a St ate f arm Agent have in rate increases, on property insurance? Can they raise their commissions on exisisting policys?

Thanks, John

Hey, y'all...what changes have you noticed from lenders or any vendor involved in the investment process? Change of rates? Change in turnaround time? Or no changes at all?

I have been working with a lender who gave me a 30-year fixed rate quote of 5.35% for an investment duplex (through Freddie). I actually signed an initial set of disclosure docs to agree to this rate for a duplex that...

I am trying to figure out what formula to use in excel if I sold my note at a discount to calculate the new rate. Does anyone know this?