Yolanda Estrada
Streamline Refinance or Downpayment for Investor Property
Hello BP Forum,My husband and I are new homeowners and new Investors as well. We purchased our first home a year ago but didn't have the 20% down payment because we wanted to pay off my student loan immediately among ...
Joseph Coleman
Mortgage Rates Are Dropping - What Is Your Strategy?
Mortgage rates are falling, and CME futures suggest even more drops ahead. Refinance activity is expected to pick up soon. If you’re planning to buy, will you wait for even lower rates or buy now and refi later?
For...
Erik Schubert
Next financing move
I want to make another move, but I'm nervous about mortgaging myself too much, then come the day I want a house of my own, I can't get one. I have one 30 yr mortgage on my plate right now. I can live in my rental for ...
William A.
Rent at least 1% of sales price? Bad Deal or not?
I found a duplex in my neighborhood that is selling for about 150K, fully rented out for 1300/month. Taxes are about 123/month. The tenants pays all utilities. I would be responsible for mowing/snow removal. An...
Todd Fithian
FHA Streamline, another year?
Hey all,Ive got a pretty basic question that my brain wont let go of, so I figured id ask you great people. In December of 2015 we bought a duplex with an FHA loan and moved into one of the units and rented the other...
Gabriel Zepeda
FHA Streamline to reduce mortgage interest rate Scam or real?
Hello Everyone,
I bought a home back in January 2024 using my FHA loan and I received a call from Atlantic Capital Funding saying that I could FHA streamline (interest reduction) from my 6.625% to 5.7% and could even...
Vamsi D.
Mobile home park - lines of income (Vallue add components)
I am wondering what are the value add components in mobile home parks? In bigger multi family, we have laundry, covered parking and cable tv as other lines of income. When we buy the mobile home park other than increa...
Elias Valencia
Best company for FHA streamline
Wondering if it’s worth it. I got a letter stating that I can lower my payment thru FHA streamline. It’s my first home/duplex. I’ve only been here about 7 months. Any advice?
Mike Welch
Question on Short Sale with IndyMac
I'm a new real estate investor who has made an offer on two Indiana properties listed as short sale by the owner who is behind. The bank in question is IndyMac Mortgage (now under One West).
I've made somewhat low...
Renzo D.
Occupancy Requirements for IRRRL
Hi All,So my wife and I just closed on a refinance for our home, we went from a VA loan to a VA IRRRL, and from 4% to 2.875%. Everything has gone well so far, except for one thing that worries me. The refinance docume...