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 ...
Hudson Walker
Needing help with refinancing decision
In the process of refinancing my home. Spoke to 3 different lenders. Having a hard time making a decision. Need some guidance with this one. This is my personal home. I plan on moving out in about a year and keeping t...
Francisco B.
Are my closing costs to high even for NYC?
Hello all. I'm wondering if my closing costs are to high even for NYC.
3 Family new construction 9br, 5b, finished bsmt.
Interest 4.5%, 30 year fixed
...
Fernando Amezquita
What are some of your daily tasks/actions that you do to make progress with your wholesaling business?
Hello BP community I am new wholesaler in the Atlanta area and currently putting together my action plan. I wanted to create this discussion so we could share what sort of activities or task you do to help further you...
Drew Ramasco
Qualifying a tenant based on disability income?
I'm in the process of renting out my second property. I've had a few interested parties but nobody who actually put in an application yet.The only couple who's ready to put an app in is an older couple and their only ...