Ron Le
Need an opinion from brokers on this refinance loan
Hello everyone,I really appreciate the existence of BP platform, I've been learning quite a lot the last 3 months and just decide to invest in Columbus, OH and just closed on a double units rental property. I bought i...
Bishoy Takla
FHA vs Conventional for an owner occupied Duplex
Hello Biggepocketers, This is my first post and I am finally getting my feet wet. I am considering an owner-occupied Duplex and I got these two mortgage quotes:FHA: 5% down - 3.375% - fee: $400 - Mont...
Clair Lauderdale
Has Anyone Shopped Around for HELOCs Lately?
I am considering securing preferably one HELOC on 4 properties that I have full equity in. I have spoken to one community bank here in Atlanta, but their origination fees seemed high (1% of total amount) and they wer...
Darrell Crosgrove
Closing costs -- HOW MUCH???
Got a question -- have a family member who is looking to purchase a rental from someone she knows, and is seeking to refinance her own home. Her lender is supplying terms for the rental property which... simply put I ...
Eric L.
Are my closing costs high?
I'm purchasing my first (HUD) home for $107K and I read that closing costs are typically 2-5%. I've attached a copy of my GFE here. Please let me know your thoughts.
Jorge J.
How to search for a Mortgage Lender?
Hello,I am new to RE and am looking to perhaps purchase my first property. However, I am a bit confused in where I should go to get a pre-approval? Should I start with Banks ( Such as Chase, Bank of America etc..), sh...
Jarod Castaneda
Looking for guidance on property lived in first then renting
Looking for help in evaluating a home I purchased and lived in for 2 years. In the military at the time and moved. Decided to rent. Now having joined Bigger Pockets I want to see if what I have is a good deal and n...
Ian Bower
DSCR Loan Fees - More than expected... is this normal?
Hi All. First post. First investment property. Just getting my financial house in order and talking to some lenders. Most of them are quoting me: An origination fee - $2500A processing fee - $1000An Underwriting fee -...
Eddy Wehbe
Financing without closing costs!!!
Looking for someone to finance some properties in order to purchase new ones. Sometime ago, I heard about a Broker who would finance and he would pay for the closing costs. Any suggestions? any catch in this process?
JM I.
Excessive Closing Costs?
I'm in the process of buying my first property (a condo in the northern suburbs), and I close in mid-October. It will be my primary residence (not an investment) and I'm putting 20% down. My FICO is 804 and I was appr...