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Results (10000)
David Coronado Am I getting ripped off with my closing cost?
31 March 2018 | 8 replies

Hi BP,

I’m currently in the process of remodeling my second house with a 2 in 1 loan (construction and refinance). I’m planning on adding square footage and several bathrooms.

Once the construction is complete the r...

Aaron Knoll Can a cash-out refinance mortgage on one property be written off from another?
16 May 2015 | 4 replies

Two questions, for those in the know:1. I currently own my house in full, mortgage. It would appraise at roughly $300k.I'm considering buying a new property (currently rented out), refinancing this house by taking out...

Jomar Felix Anyone experienced in STR for Timeshares?
29 November 2022 | 10 replies

Hello everyone, I have a timeshare that I don't really use. So, I was wondering how can I rent out the timeshare? 

Christopher Davis Having a hard time making sense of "closing costs"
21 September 2019 | 5 replies

So, I'm looking at various loan options. See attached jpgs. I'm working on my first deal. I am talking to a local lender who was referred to me. We had a good meeting, and he is giving me different options. We broke t...

Robert Burns Wholesale Marketing Untraceable Phones
11 May 2020 | 14 replies

I'm adding bandit signs to my marketing for wholesale properties and want to know the best way to get untraceable phone #'s to use on my signs. Anyone have any ideas?

Michael Plaks No, partners cannot be compensated with a W2 salary
10 February 2021 | 1 reply

After answering this Q for the 100th client, I decided to make the answer public. The situation: You are one of the two partners, and you work pretty much full-time as the project manager for the company. Your partner...

Nick E. How to book lender credits on a refinance
23 July 2021 | 3 replies

Hi, I do my own bookkeeping and am trying to figure out the proper way to book a refinance on an investment property.The refinance was a zero-cost refi with a huge credit of -0.75 points (on a $1.6M loan). This covere...

Edwin Epperson St. Petersburg Florida Private Loan with a JV Option!
6 July 2022 | 0 replies

Investment Info:

Single-family residence private money loan investment.

Purchase price: $40,000

Cash invested: $15,000

Sale price: $159,000

We partnered with an experienced real estate investor (...

Anthony DelVecchio House Hacking FHA + closing cost
14 December 2023 | 4 replies

Let's say I purchase.  house hack with an FHA loan, would the closing cost still be roughly 4% of the whole property? Would I be responsible for covering the whole closing cost? How do closing costs work? Any advice w...

Clayton Hepler Seller's Assist at 6%, A potential for no money down loan?
12 May 2020 | 2 replies

If I buy a Duplex property and use an FHA to finance the property, could a 6% seller's assist basically give me a no money down situation?
Example: 350K Duplex and Garage and seller is very motivated. 
Down Payment ...