Hi there, so I know with an FHA loan, 3.5% is required for a down payment. Now I’m not entirely sure what kind of fees to expect. Let’s use a home valued at $100,000 for an example. Now let’s say I had that $3,500 rea...
Question BP family, Do banks ever accept cash offers less than they get a property back for? For instance, I’m looking at a local foreclosure and the price is $90k, and the county website shows they took back the prop...
Anyone here investing in Northern, Glen Allen or Richmond area of Virginia? How is the market there and your experience? I'm a newbie looking to invest out-of-state and researching these areas for buy and hold. Pl...
I'm currently in the process of contacting various banks and credit unions to obtain a HELOC to be able to purchase investment properties with all cash offers. Some banks have decent offerings but as I have read here ...
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*This link comes directly from our calculators, based on information input by the member who posted.2 Manufactured homes on property. I'm brand new to this, and learning as I go. I may be...
We are in escrow on an investment property. We offered 3K above appraisal value. However, appraisal just came back 30K below listing price. At this, what are the seller's options? Can they legally back out if they acc...
Hi BPer,Please help, is this worth it as either a flip or rent/holdI've meet a owner(free and clear) of a single family who suggest to me he'll do owner finance even though i told him i can qualify for conventional lo...
hi, I am closing on my first property in May, which is a condo. I am eligible for rate of 4.125% at not additional closing costs, however I can purchase a lower rate (as low as 3.875%). I am conflicted about whether o...
Was waiting for pre approval to go through, now that I have it, can I refinance my auto loan do I can lower my payment or wait till after I close on a house? Thank you
Mortgage Rates End Week at Recent HighsMortgage rates were generally quiet today as bond markets wound down ahead of the 3-day weekend. While stock markets and many businesses will be open as usual on Monday, banks a...