I have a feeling, and I could be wrong, that Loan Originators have a good sense of whether you'll be approved for a mortgage loan or refinance. When they think you probably won't get approved, they still proceed and h...
Let’s say you have a property paid in full with a original cost basis of $1.2M and it is worth $2.2M and would like to do cash out financing at 70% LTV which would be $1.54M which leaves an amount of $340,000 above or...
Hi All,Like many others, I have been doing research preparing to begin my first REI with a SFH in Memphis, TN (because properties here on Maui are too expensive for regular guys with regular salaries like me!) I've b...
Can anyone tell me if Im doing anything wrong here? Trying to analyze keeping my primary residence as rental this calculation was done as a scenario to keeping my current loan the way it is.Purchased - $110,000Down Pa...
Hello Everyone! My name is Mark and my wife and I recently relocated to Orange, CA from Philadelphia. I was recently turned onto BP and I am loving the wealth of knowledge which exists on this website. We are curre...
First timer refinancing, is $2700 on closing cost no origination fee at 3.65% a fair deal?
I was looking at various foreclosed homes being sold at auction in my area and recognized a home that an acquaintance of mine had recently owned. I hadn't heard that they had lost the home or had moved, so I googled a...
Hello, trying to buy a second home to rent. The first bank told me it couldn't be closer than 50 miles to my current home. Has anyone heard that before?
Hoarder let cats go wild...I know Kilz is a good Brand but besides price, what is the best one to cover cat urine smell...is the Kilz Max REALLY any better than the Original Kilz?
Hello everyone, I’m a new a real estate investor and I’ve came across a great deal in my hometown. The 2/1 SFH was built in 1955 and is 1,000 sq ft. My question is: before making an offer, what are some things you wou...