Brandy Carrero
Appraisals for a remodeled home
So we purchased a foreclosure using a hard money lender and completely gutted the home, remodeled it with high end finishes. We are now looking to refinance the home (it’s our primary residence). When we applied for a...
Chad C.
How does loan discount point work?
Dear, BP fellows,
I have been looking for investment property loan info for AL and recently get quoted with 30years interest rate 7.625% with 2.125 discount point. So for a property around 200k 20% down, right off t...
Wei Jie Yang
Is there a difference between various brokers and various banks?
For a conventional loan? I understand the difference between getting a loan from a mortgage broker and a lender from a bank that has an investment focus but is there a sizable difference between lenders in the same ca...
Nick M.
Little Rock AR - looking to connect with wholesalers / investors
Hi everyoneNick here - 1 deal in Cabot (SFH) and looking to do another one in the next month. Would love to chat with anyone who has bought in the last 2-3 months and hear what you found.I'm looking for SFH in good c...
Jakob Brown
HELP! Appraisal problems are killing my deal!
Okay, so Ive been battling it out making offers and final got one accepted. Everything is going smoothly and the numbers look great. I just received a email from my lender saying things are awesome and we are set to c...
James Rodgers
No comps: helps or hurts?
Hi everyone, I am specifically looking for MFRs here in Birmingham, AL for my first investment property. I plan on living in one of the units. A quad would be ideal. An issue I keep coming across is the fact that most...
Richard Compian
Applying for first mortgage, question?
Hi!I have been working in the same field for the last 4 years on 1099. In 2020 i incorporated my S corp. My question is: From a lenders view, seeing partial income now from a new S corp and 1099 still make me credit w...
Corey Dutton
Submit Hard Money Loans with Accuracy for Faster Fundings
Most real estate investors choose hard money loans because they close quicker than bank loans. However, the biggest mistake real estate investors make is in the initial loan submissions to their lenders. By submitting...
Gil Ganz
Large legal balance in non judicial states
HeyI have been seeing something that seems weird to me, I see assets in tapes i get that are from a non judicial state, one that is also quite a quick foreclosure one, having a large legal balance on top of the UPB.Fo...
Sundar Krish
fannie mae homepath lenders
What are the lenders that are offering the best rates for fannie mae home path in California? I see the list of the lenders from the homeopath.com site and I called a few. It seems like the big ones like wells fargo a...