hello,Very new to real estate investing and want to make an offer with bank loan financing. This would be my first time applying for a loan and not sure how to properly evaluate all the mumbo-jumbo words and fees. Ple...
I am new to really being able to analyzing different loan products and finding the best lender but this lender was recommended from other investors and property managers. I am under contract on a 3 flat and the loan w...
Just jumped into my first STR and it's been an "interesting" process with property management companies. Based on size/scale/pricing, I decided to sign up with Evolve and it was a shaky onboarding process. Just when...
Hey,I shopped some Ohio CU and found the 6.7% was the best for an investment property. Are there any lenders who are lower than this, I've been brokering myself. Closest rate I've gotten to this was a 7.2%.Thanks for ...
$269,800 loan. Loan origination charges are $4,670 (origination fee) and $1055 (underwriting fee). My loan is a 5% down owner occupied conventional loan at 7.5% interest. At first glance, this seemed high to me but I'...
Hi All,I am buying a townhouse in the Phoenix area for around 190K with 30% down.My closing costs are around 10K, and I have great credit (over 800), which seems high, but I am a newbie so wanted some experienced eyes...
Have you guys noticed the rate drops on the DSCR loan side? Or do they keep them higher now thats the 30 year conventional is dropping.
Hey everyone, the news has been put out by the VA themselves that rates will change. They have the currents rates posted on VA.gov, however the document they put out discussing the changes references a source I can't ...
BPReceived an email from the lender that gave me a conventional loan (4.5% rate) on a two family. Basically said "rates have dropped, and we should talk"- I have a call with them tomorrow. What is the advantage for ...
Hello Fellow Members,
I am considering doing a cash-out-refi on 2 of my properties. Assuming my credit and everything else is good, I need to see if others have experienced what i'm experiencing. I want to p...