David L.
Looking for Real Estate Professional in/near St. Leon-Rot Germany
Hello, I am trying to close a deal on a property that is located in the USA, but the Seller is a German citizen, living in St. Leon-Rot Germany. Ideally, I think that the local German equivalent of a title company mi...
Chad Miles
Rent Paid Full Up Front?
Hello BP community, Essentially my question to you all is this: if everything on an applicant checked out but their credit, would you rent to them if they paid a years rent up front? I am a 21 year old house hacker lo...
Jerry Sanford
First time homeowner considering refi, is it worth it?
In August 2012 I became a first time home buyer in Nevada. My rate is 3.75% on an FHA loan. The house was purchased in concert with a non-profit who provided $15K towards principle. I bought the house for $100K. T...
Anastasiia Greca
Closing costs
Hello everyone!I started looking up what are the estimate closing costs in my areaand I found a calculator from one of the banks. The result was - estimate closing costs, including prepaid items and escrow account fun...
Kelvin He
Should I refinance? Investment or primary?
Current properties:
Investment (Value: 550K, Mortgage: 225K, Int Rate 4.5%, (-$200 Cashflow))
Primary (Value: 600K, Mortgage: 285K, Int Rate 3.5% ($0 Cashflow, and I live in it for free)
Goals: Increase net worth, ...
Petya Toncheva
DSCR 1st timer
Hello all, I am in the process of purchasing a 2 family home using a DSCR loan. This is my first time going non conventional. I am trying to figure out the numbers to see if it is profitable. Any advice from those who...
James Craighead
Raising Private Money For Hard Money Downpayment
Hi everyone, I found a home through a connection that was left to owner in a will and is off market. The owner wants $300k for it and the sale of remodeled comparables in last 4 months is around $500K. I have done my ...
Brad Swearingen
Best time of month to close on mortgage?
Is there a best time of the month to close on a mortgage and why? Is the beginning, middle or end of month the best or does it just not matter? Thanks!Brad in Wake Forest, NC
Jobee Vincent Buenaventura
Cash-Out refi disclosure very different from estimate?
Hey everyone! It’s my first time nearing the end of the BRRRR cycle and I got a rate of 2.75% with an 80% LTV FHA. I am to be given a cash out estimate of $40,000 at closing, with a new mortgage of $2,400/mo.Now I’m d...
Ezra Shami
What to do about closing costs?
Hi everyone, this is just a general question that Id like input from people who have done this plenty of times. What should I do in regards to closing costs? I dont really understand them or how to pay them. When the ...