Hello, looking for insights on a proposal received from a commercial mortgage broker. The loan is for a multi-family apartment building. The proposal I received has the following facts:Total fee is between 2.1% and 2....

I had an Attorney set up a sale subject to the existing mortgage on a house I Mortgaged.  The deal was set up under my corporate name with me signing as representative of the company.  I donated my interest in the hou...

Is private mortgage insurance charged on an FHA loan after 20% of the loan is paid for? 

Hello, I'm trying to understand whether paying off my mortgage balance using a HELOC would make sense.  I am feeling confused about it, because the terms of each are so different.  The mortgage is a long-term, fixed r...

Ok BP people, I have a buyer that wants to put 20% down on a 2 family that i am selling. PP $249,90020% = $49,800Mortgage amount would be $199,900 Mortgage amount that I owe $125,000Question- what interest rate should...

Hey Everyone!I am new to the community, first joined October 2014. I am searching for homes in South Florida for my wife and I. Specifically I am looking North of West Palm Beach to Sebastian OR South of Sarasota to N...

So I retained counsel to file a quiet title complaint to remove a defaulted and charged off 2nd mortgage HELOC that under state (NV) statutes was no longer enforceable (past the 10-year SOL from the date of accelerati...

Hello Biggerpockets! I'm a new member, have been following for a few weeks now and learning a lot from you guys. This will be my first post, so please excuse me if this is repetitive or ignorant. First off im in North...

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...