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Can anyone direct me to lenders who have less than 6 months seasoning period for cash out refinancing a BRRRR? I live in Michigan and am trying to line up a cash out refi.
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Have a home in arrears $84,000. A total Principal Balance of $378,000. Just want to make sure that I am adding these together to come up to amount currently owed. ?
Ok so I'm just trying to think in advance. So I just finished residency and signed an offer for a position to be making 330,00 a year. After taxes, insurance deductions etc Ill be taking home 190k a year. Now I signed...
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Hi everyone. I have a client currently looking at starting his investment portfolio and he ran into a couple off market deals. He is looking at a 4 Unit for $360K that takes in roughly $4400 a month with taxes around ...
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I’m under contract for my first rental...and it’s actually a portfolio of a few single family homes. I based my offer (426k) off a loan with 20% down payment with 3.75% interest rate over 30 years, but the bank came ...
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Dear BP Family:While working on financing for a deal, that unfortunately, I was outbid, I am considering refinancing my home mortgage. Don't know if now is the right time or should wait because of Fed activity with r...
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For those of you who don't mind sharing, I am curious how you go about finding and applying creative finance deals. For example, when you are marketing, do you do so with a particular strategy in mind or do you just h...
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I'm curious if anyone has experience regarding commercial loans that have shorter amortization schedules (ex less than 20 years). Are smaller banks willing to extend the fixed rate period in "exchange" for a shorter a...
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15k SF flex space, 24 years old. Nice looking building, warehouse/office. Near major metro downtown.List price: $965kNew 3 year lease @ 8.5% cap rate($81k/yr) with established companyTenant is responsible for pretty m...
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BP Nation,I received a call from a seller today with the following scenario.* 4 bed/2.5 bath SFH built in 1980* has a 15 yr mortgage of $135K - owes approx $125 on it. note is about $1300 a month* has put in $120K in...