Tyler Sanzone
HELP! I didn't know about cash-out refi!
First post here!...So to start things off I'm a 27M currently residing in NJ on the jersey shore. I purchased my first house (3 bed 2 bath) in August 2019 as a foreclosure for 192k with a conventional loan of 3.5%, 12...
Bryan Silva
Refinance Primary Residence
Hello guys, I'm currently in the process of refinancing my first property in CA as a primary residence I currently got a 3.99% rate 405k loan property valued at 495k?.... payments being $2750 taxes includedOption 1 fr...
Corbin Lane
Finding a mortgage for less than 10% down
I'm trying to find financing for a 2-4 unit house hack and I seem to keep getting the same answer back from lenders - to come back when I have at least 10% of the purchase price. I was hoping to put 3.5% or, at most, ...
Jay B.
Learning points for successful refinancing in a pandemic!
Hey all! I’m trying to refinance one of my properties in Chicago right now. What have you learned if you were able to successfully refinance your property during this pandemic?
Pedro Bartolomei
Fireplaces in rentals
we just bought a house to brrr which has a nice fireplace . we are considering closing it up to keep the future tenant from burning the house down . Does closing it up lower the appraisal when we go to refi ? any inp...
Gayle Eisner
Refinance with cash out??
Should I lower my mortgage payment by refinancing or refi with cash out and wait for an opportunity for future investment possibilities? and emergency fund? Unsure of economy and whether I will have a job to raise m...
Jared Hottle
Seller financing vs conventional
Anyone have any good rules of thumb or calculator for the break even point between seller financing vs conventional mortgage?So if someone offered seller financing at a higher rate, higher purchase price but 10% down ...
Aaron Mitchell
I found a deal on the MLS and made my client a ton of dough.
Investment Info:
Single-family residence fix & flip investment in Oak Park.
Purchase price: $90,000
Cash invested: $70,000
Sale price: $240,000
I represented the investor on the acquisition a...
Brian Plajer
Lock in or not lock in a mortgage rate...that is the question
Hello, I'm under contract for a new build townhome in Charlotte NC. We plan to rent it and hopefully see some appreciation over time. My issue is we close in Aug/Sept and the rates are obviously climbing. when I spea...
Jorge J Gonzalez
I'm questioning my closing Costs with the bank
Hi BP familyI'm getting ready to close on my first income property with Wells Fargo. Closing cost are $2792. Wells Fargo is also adding another $3709 in "other closing" cost for a total of $6501. The other cost inc...