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Hello! I have a question. If I got a home equity loan for Property 1 and used the proceeds as downpayment for Property 2 and then got a 2nd loan for the remaining 75% purchase price for Property 2, when I sell Prope...
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Our mortgage broker "forgot" to mention closing cost (our bad for not doing thorough enough investigating and researh, AND now trust is a bit fractured) - I'm wondering (I've gotten 5 calls this morning from mortgage ...
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Hi BP Members! I am currently looking to purchase investment property, and have been pre-approved with the credit union of which I am also a member. The loan package has a very favorable interest rate as well as addit...
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Allstate insurance is canceling my home insurance on October 4th. They said I don’t meet the underwriter guidelines because 1. No handrail down to basement. 2. House is being renovated/under construction 3. Home is va...
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Hi Everyone,My name is Hunter and I am relatively new to the BP Community. I have been reading the UBG and forums, and listening to the podcasts while gearing up for my first purchase. I am interested in investing in ...
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I have a home under our names. I want to cash out refinance and close it under our LLC as DSCR mortgage. Its being operated at STR from last 30 months with great cash flow. Please reach out if you are a lender or can ...
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I just got PMI removed on one of my properties and it was incredibly easy! It will save me thousands of dollars over the next 10 years.
If you are a homeowner with a mortgage that carries Private Mortgage Insurance...
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I am a newbie to real estate and I want to get started this year. I want to try house hacking and using an FHA loan. I want to invest in Long Island, NY, but the prices are so high with most houses above $200,000.
I ...
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My wife is the only name on the loan for our current home which is our primary residence. Is it legal/possible for me to go out and buy a home with only my name on the loan and own that property as my primary residence?
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Hey guys,I currently own my home on paper but I owe 110000 to a private lender. I am paying a 6% interest only loan. My current payback method is saving and throwing chunks at the principle. Which leaves me with littl...