Evan Swanson
Good Credit = 3% Conventional Mortgage > 3.5% FHA?
If you have a good credit score and want a low downpayment, is the best option to go with a conventional mortgage? I was originally attracted to FHA loans due to the low down payments but it sounds like a conventional...
Mike Downey
New to R/I. Looking for advice on whether to sell or rent my condo.
I have no rental properties at the moment, and I am in real estate investment learning mode at the moment. I am in the military and will be moving at the end of 2023. I currently own (not paid off) a condo and I am lo...
Gary Mazzarella
Land Trusts/Rental Units
Hello BP, does anyone currently use and or have experience using Land Trusts to hold their rental properties in ? Are Land Trusts recognized and used in all 50 states ? Any insight, opinions or advice would be appre...
Alex Hart
Any Good Cheap Notes?
I don't know a lot about investing in real estate, and even less about buying notes but I'm slowly learning. I have completed a couple deals that put some money in my pocket. Since I don't have a system in place to ke...
Account Closed
Choosing a Lender/Mortgage Broker
I've gotten a few good faith estimates (one from a Mortgage Broker and one from my local Bank of America). The BofA rate was 6.25%, at a 30 year fixed for a loan of 200k (1.07 points). The Mortgage Broker rate was 6.7...
Terrance Lewis
The best way to pick a mortgage lender what do you look for ?
Im in search of a mortgage lender who doesnt mind their brain being picked. In search of information and possibly a their services.
MIchael McCUe
Hard to separate what’s needed from what I’ve learned, pleas confirm hear thanks
Judicial,Collateral,Unsecured,Secured,Seller,Syndication ~ confirmed
Mortgage Brokers (sophistication, in lending terms) "15% ROI Margins" ~ confirmed ROI unknown tho…
Tax attorney(Roth,Judicial, Sophistication) "1...
Steve DellaPelle
Is there any shame in paying rent as a REI?
I am currently house hacking a 4-unit but I plan on moving out and renting out my apartment to maximize cash flow. For some reason it feels wrong to pay rent in my next move but it is what makes sense for me going for...
Lexi Narducci
15-year fixed rate vs. 30 year fixed rate when trying to expand
I bought my first home in August 2020 and took out a loan of $450,000 with a 2.5% interest rate over a fixed 30-year period. Not surprisingly, most of my monthly payments are going towards interest with the 30-year fi...
Eric Morales
Opinions would be appreciated.
My and my brother are trying to go in on a duplex together and wanted to be sure about what to expect from the loan side of it. I am 21 with not great income and my brother is 28 with years of income. How would the co...