Stephen Lee
First Time Investor Seeking Advice on Mortgage
Hi BP Forum. I am a new investor seeking to start in Ohio (most likely Cincinnati). I have two questions if anyone can help me out.
1) I have set up my LLC in my home state of New York. I was wondering if I have to ...
Steve S.
Which of these lenders would you choose? Would you pay points?
So, after starting an application with a lender on these forums back in December, who took all the forms, checked my credit, and then suddenly stopped replying to emails, calls, and texts, I now have offers for a refi...
Greg W.
using rental income to qualify for mortgage?
is it possible to use income from recently (few months ago) acquired properties to qualify for a fha loan for my personal home? If so what documentation would a bank request?Thanks,Greg
Jaime Borbon
First MFR financing
Working this week on getting my first mortgage prequalified for the 4 fam MFR I'm shopping for. My question is, big bank or small local bank or CU? Do big banks have more wiggle room? Small banks more personable? Is i...
Michael Hudelson
Online Mortgage Lenders vs Traditional Bank Lenders
Hello all! I'm looking to make my first investment purchase soon, but need to decided on a lender. What are your opinions on using an online lender vs using a traditional bank as your lender?Also, are there other opti...
Nicole Heasley Beitenman
What do I take to the bank?
Hi BP! I have 2 deals under my belt and have a plan to obtain a 3rd. I've been sending a lot of documentation to my bank as I go through the process of obtaining a HELOC on one of my properties. I'd like to be better ...
Abraham Kaplan
VA home loan for a multifamily property.
I'm looking to buy a 2-4 unit property using a VA loan. I have a couple of questions.
1. Does it matter what type of lender? Credit union, big bank or a mortgage company such as rocket mortgage.
2. My COE says my ba...
Michael Metz
Looking to purchase first home
I currently live in California and am looking at moving to Dulles Virginia area for work. I have been looking at houses on realtor but other than that haven't done much else. I am looking at purchasing my first home b...
Bryce Kammerzell
Refinancing Rental Properties
Hello BP Family,
I have a couple of rentals in Kansas that I own outright, I bought them with cash because at the time I wanted to reduce risk and simply get into the game. Now that the properties are cash flowing w...
Apoorva K.
Origination charges - fair?
Hello BPers!My first post. BP has wealth of knowledge and you guys keep adding to it. Awesome job! Man, I am addicted to BP :)I am going with this triplex and am looking for financing. The loan amount is slightly more...