William C.
I am a newbie! Need help knowing if this is good mortgage offer
Hello!I need your help! I have been exposed to your community and I am doing this post on a recommendation from one of your members! I am a 1st time home buyer looking to make my 1st of hopefully many real estate inve...
Chad Evans
Using a mortgage broker
First time using so I hope I am doing this right. Can anyone compare the difference in using a mortgage broker vs banks when trying to get loans for rental properties
Madison Balter
re-appraising house prior to refinancing
Hello BP,
I have owned a duplex since April 2019 in Long Beach, and I wanted to refinance now to get out of my PMI. I bought the house for 445 and it appraised to 520. I was shocked because I completely flipped th...
Toby Russell
Questions I need to be asking lenders
Good morning. I've been shopping around the past few days for lenders for rental properties and it seems like trying to pull teeth to get information out of these people. One tells me a need 6 mounts reserves for my...
Darvin Johnson
Great Lender Experience? Aloha Capital? Lendinghome (Kiavi)? Etc
Hi BiggerPockets family,I'm a Michigan investor and looking for a lender for long term financing and I was wondering if anyone has had any experiences with any of the following lenders or anyone else that they would h...
Casey Christensen
Looking in Columbus Ohio
I'm heading to Columbus, calling all PM's, lenders, contractors and wholesalers. I am looking to build a portfolio of multifamily properties. Let's talk. I have been working with a great agent, but open to talk to any...
Rick Trevizo
Cash out refi advice?
Hello everyone, hope you all are staying safe and in good health. I need some advice regarding a cash out refi. So I currently own a 4-plex in Phoenix and currently have a loan balance of $295k. My current rate is at ...
Pandu Chimata
2nd home or Investment Property
I am in the process of puchasing an investment property (for short term rentals). How do I underwrite the loan?By the face of it, it's an investment property - where it is going to be rented out and expected to make m...
Jozef Forgac
Do I need to list prior to ask for short sale?
I'm buying SFR in pre foreclosure and asking the lender(s) for short sale.The owner selling as FSBO to me. Lender on 1st.(Chase) wants the owner list the property with RE Agent even the owner has an offer on it from ...
Jeffrey Guarino
Cant find any info anywhere about DSCR cashout refi - pls help!
I purchased a single family home for $50,000 cash and it is currently rented for $1000 per month with an annual lease. While I wait for interest rates to come down, and for the property to season 6-12 months, I'm tryi...