When lender says, "For FHA loans, there's a 1.75% upfront MI (usually added to loan amount) and 0.85% monthly MI" What does that mean???For example, if the property is worth $559k, $200k down, and $359k loan would fol...

Howdy Bigger Pockets Community!I am a real estate broker in Colorado and have had a few marijuana shop owners chat with me about financing a home purchase. Obviously conventional financing will not fly do to the feder...

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Hello, I'm about to purchase my first investment rental property. I received a preapproval for a $68.8K loan on an $86K purchase. I'm planning to refinance in 6 months to pull out some of the ARV equity after some reh...

Can someone explain to me why exactly is hard money or private lending? Also can anyone who comes across a good deal get hard money?

So purchased a new 4 plex in the Edinburg Texas area. Rented out the 3, and currently live in one part time. Question is should I put it in an LLC and/or get an umbrella policy? and anything else yall might suggest I'...

Hello BP.. my first post... im in the process of purchasing a rental property.. waiting for my counter offer to be accepted. I had to take out a non owner occupied loan.. the property was 250k putting down 25% with a ...

Hi All,  OK so I'm a first time home buyer, I have couple of 3-plexes on my list and need to make up my mind now.  I'll be an OO landlord.  I thought that up to 4-plex I could use conventional loan with 5% down.  My m...

Hello BP, One of my properties is under a VA loan and has a lot of equity that I would like to access to pay down credit debt. I have tried with two different lenders ( Quicken Loans & Freedom Mortgage ) to cash o...

Hi everyone! I currently own two rental properties, and a business that has an SBA loan that put liens on both of those properties. I am thinking of getting a hard money loan in order to pay off the SBA Business Loan ...