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LENDER REBATE TO PAY CLOSING COSTS
Lender Rebate or also called Lender To Borrower Credit is a great way to minimize out of pocket costs for buyer/ borrowers.With a little higher rate, a lot of closing costs can be paid.Anyone aware of this?
Steven L.
Beginner help: Owner-occupied convert to Rental
Howdy BP Community,I am fairly new to BP, so sorry if this is a basic question.I recently listened to BP podcast episode 336 interview with @Robert Jones, and fell in love with his BRRRR-like strategy of taking an own...
Mila Makhanova
Only 5% down and no PMI, too good too be true?
Hi BP community, Looking to purchase my first property and slightly short on making 20% downpayment. Working with Quicken Loans and they are offering a loan with a slightly higher interest rate (about 0.5%) but only 5...
Julian Montes
Becoming a realtor as a career?
Is it a realistic goal for me to become a realtor right out of high school (currently in 11th grade)? I have the opportunity of going to college (being a finance major to work in RE), working a job (maybe), and being ...
Gregory Lamarre
House Hacking
I live in sunny (and expensive) Miami, Florida. I have a relatively well paying and steady job, and a credit score on the better side of 760. I've owned a comfy 2 bedroom condo for the last six years but I've been toy...
Earl Jefferson
Military In Need Of Advice
Sort of stuck between a rock and a hard place. I'm currently overseas with the military, and when I get back, I want to put my money towards something useful. I have a budget of $30K liquid money for now to use. Curre...
Chad McDaniel
How much of a bank roll do you recommend?
In a previous tread (What does it take to be successful) the following was stated:
"Like any business the number one way to increase chances of success is to be well capitalized.
Everyone talks about getting into RE...
Ben Naughton
Financing / Loan for LLC - Personal? Commercial? 30 Year?
I'm in the process of acquiring a loan for a nice multifamily deal I have going. 55k + 15K rehab gets me a 1650 sqft home with 3 rental units in it currently bringing in $1,500 a month. This is our second rental pro...
Nathan Guanch
Aspiring Miami Investor
Hi BiggerPockets,My name is Nathan, I live in the Kendale Lakes area of South Florida, I've recently turned 25, and just crave achieving financial independence. I've been working a full time job handling worker's comp...
Alex R.
Financing with a short sale on your credit
Hello BP,I am interested in purchasing a duplex in Miami. My situation is as follows:My previous deals have been all cash but now I would like to finance my next deal.I have a short sale that closed early 2012. My cre...