My husband and I just had our offer accepted for a triplex. We are attempting to use a 203k. We got our first closing cost estimate and we were blown away by the freaking closing costs. 20K before rolling in our UFMI...
I needed to do a cash out refi in order to consolidate my second loan into my primary loan. If the rates were to drop significantly in the next 6 months as I believe they will, I plan to do a rate n term refi in the ...
I'm approved for FHA financing. My broker told me that I don't pay him anything for his services. I was chatting with another investor and he said that I went to the "ferrari dealership" of moragage brokers. I just w...
Hello BP Experts,
I have a quick question.
I want to pull out some equity from my 9 existing rentals. Each of them valued about 250K all paid off and cash flowing. First Carolina Bank of GA offer me a $750k LOC fo...
I am considering buying a duplex with my VA loan to start off. I was wondering if anyone can shed some light on the process ? Will I be able to live in one side and rent the other side to a section 8 tenant ? If so, W...
Hi all,First time to the forum, first post, 4th property. Basic info about myself: owned properties, did major renovations, including foundation underpin. Renovated with personal cash most of the time. Considered high...
Far too often landlords seeking residential property management services are asking one question for the initial vetting of the service. “What is your management rate?” Unfortunately, sometimes this is the only questi...
Hi, all. I have a nice 3br/2ba condo in Nashville, TN. The unit is 1130sf. Our cleaners charge $175 per cleaning - this includes linen service so they can flip the place pretty quickly without needing to do much laund...
#1 The proposed loan amount shall be up to 130,000#2 The proposed transaction will have a down payment of 41,250#3 The proposed loan Loan-to-Value (LTV) shall not exceed 80%#4 The proposed loan term shall be 5 year...
What is decent rate for fix and flip who starting first deal. If Purchase parice around 150k and 50k rehab.