is it possible to charge 200 to 600 basis points as mortgage broker for closing in 1 FHA mortgages or 1 USDA mortgage, how many FHA or USDA mortgages can be closed per month if you are working part time like 5-6 hours...
Apparently PMI companies are pursuing deficiency judgements against people who walk away from their mortgages. There's a link in this article so you can check what your state allows.
http://www.marketwatch.com/story...
My partner and I just picked up our first house in Indiana, paid cash, and are currently reaching out to contractors now to get our first BRRRR under way. Really exciting, but also a little nerve wrecking that we may ...
I'm drafting some purchase criteria to send to a few MHP specialist brokers for a good first deal. Here is what I have:
Targeting 1 to 6 units with lot rents averaging less than $400 per space ...
If I'm understanding correctly, you can only deduct expenses for the days that your short term rental is rented. For example: If you rent out your property for 250 days of the year, (which would be about 70%) then y...
Hey BP!I’m in the middle of my first BRRRR deal. I’m about one week from completing the rehab and am starting to dive into the “rent, refinance, repeat” portion of BRRRR. I’ve spoken to my local bank about the re-fi t...
Hey BP Fam,We found an off-market, distressed Foreclosure that didn't sell at auction and Freddie Mac took it back. Contacted broker in charge a month ago and he did the "set-out" and initial review yesterday... Went ...
Hi, this is my first post on Bigger Pockets. I've been interested in out-of-state real estate investing for a couple of months, and Oklahoma City, OK has been on my list. A couple of the things that I like about this ...
Investment Info:
Large multi-family (5+ units) buy & hold investment in Houston.
Purchase price: $215,000
Cash invested: $150,000
8 unit apartment building
What made you interested in in...
I'm hoping someone far more savvy than me can help me navigate the ins and outs of my next move. I have two houses. My primary and a rental. Both houses have conventional loans from two different banks, and a heloc o...