I'm working on a split level reno in MA. The lower level has a room with a porcelain tile floor I thought could be restored with a good cleaning as it is in good shape. Company came out, tested and declared it could...
Hello Biggerpockets!!Just wondering what you all prefer when getting a conventional loan. Would you all go for the higher points options and pay more up front but get a lower interest rate or would you go for no point...
This will probably take awhile to roll out, but FHA guidelines are supposed to be going down to 35% provided other requirements from my understanding. The condo has to go through some re-certification process to be...
My husband and I put our primary home on the market with the intent of cashing out, and buying a couple of investment properties. We are in a hot market. We got an offer $25,000 over asking within a few days. It was...
Hi guys, a family member of mine is trying to refinance his property with a commercial lender. I am just wondering what would happen to his DTI ratio if the lender refinances his property and does not report the new l...
Investment Info:
Single-family residence fix & flip investment in Buffalo.
Purchase price: $79,000
Cash invested: $35,000
Sale price: $230,000
Basic Flip.
What made you interested i...
Agreement of Sale is signed. After home inspection we negotiated 2K in our favor. What could be the benefits in either lowering the buying price (and adding addendum to aos) or putting it as credit towards settlement ...
Google searches can be used to find funding for deals involving properties with ARVs of $100,000 or more, but what about properties with sub-ARVs of $100,000?
I need loans in regions with lesser ARV.
Homes that mi...
So I am trying to rent out a house in a lower income/lower quality neighborhood. I’d give it a C. It is to my understanding we will need to be a little more lenient on our tenant standards due to the area. But should ...
I recently bought my first home that has an ADU we plan to rent out. I have heard that if you live in one unit and rent out another, you may be eligible for a lower interest rate. Is this in fact true? Are there any s...