Colby Easterling
I love Navy federal, but they've kinda bummed me out...
Going through the process of buying my first home. Plan to live there for 6 months or so, then move and rent the residence out. I am doing a Va loan through Navy Federal Credit Union. Let me start with this, I absolut...
Nathaniel K.
Loan under LLC vs. Personal Name to begin
Hi everyone, My post for today is in regards to if it is better to get a loan with an LLC or personal name when purchasing my first investment property. I ask this question because ideally I would like to create an LL...
William Lee
Cash-out refinancing gone?
Hey BP!
I purchased a BRRRR deal (or so I thought) in mid-February with a combination of my HELOC and a couple of private investors on 12-month promissory notes. I am coming to the end of the rehab period. The proper...
Eric Stewart
Unpaid utility bill
I’ve had a horrible tenant this first year with my property. Let’s just say that this was not a good start to my RE business. Anyway, the tenant didn’t pay their water bill for the duration of the lease and now $2000 ...
Kevin Oh
Shopping around for better rates
I am in the process of buying a property. I have used a lender in the past and wanted to shop around to see who can give me the best rates. I got pre-approved by my previous lender and by another lender. My previous l...
Michelle DeWoskin
HM lender & broker EACH charged me, points and lender fees (?)
Would SO appreciate feedback -The mortgage broker states all along the way: the fees consist of his points, appraisal, inspection, closing fees - other than the interest rate and LTV etc. The night before the closing...
Aman A.
5.75% for a Cash Out Refinance Loan after rehab
Hello,I bought a property (SFR) earlier this year and completed the rehab and renting. I waited the seasoning period for the conventional mortgage (6 months) and spoke with the lender this morning. I was offered a 5.7...
Bobby Gill
Need Guidance: Hard Money Lender Quote
Hello Everyone! First time using Hard Money lending. I need your advice to see if the terms are fair from this local hard money lender. The want to set me up with a $500,000 LOCPersonal guarantee -Interest: 9.99%-90 d...
Ryan Jacques
DSCR Terms Opinion
Hi all, I just received the below term options on a DSCR new purchase loan (780 credit score). I'm curious to learn if these seem in the reasonable range including the fee amounts. I'd also like to ask if the rate di...
Arti Ta
Mortgage broker for conventional loan
What's the 30 year term mortgage we could get with 20%-25% down with no fees?