Hello BP,I'm in the process of completing my first cash out refinance and I wanted to get your take on the terms that i'm being offered. This is a tenant occupied SFR that doesn't have an existing mortgage.- 75% LTV (...

Hey everyone,So currently we’ve been in the process with a lender who has been difficult at times. One thing that bothers me is that they won’t do a “float down” unless it’s a whole percent, but other lenders allow it...

When projecting your returns to present to investors, do you use the NOI before or after Cap Ex reserves and asset management fees? Specifically the sales price.Thanks,

Can someone tell me what is the going interest rate for transactional lending?

Hi guys! My partner and I have been sending out direct mail for the past 3 months and we've finally found a deal (SFH). Comps are at $80k, seller wanted $60k and after negotiations we got the property under contract f...

I am a bit confused though I guess this makes sense maybe.  Mortgage Broker Fee in my case is paid by lender.  This means it is not a closing cost?  (Please confirm this first question)The lender generates the LE and ...

I have rental property, and I'm thinking about refinancing using the VA Streamline IRRRL. I want to make sure that it makes sense before I make my final decision. After the loan is complete, I should save about $155 a...

If a tenant breaks a lease/wants to leave early, do I keep the deposit or does the property management company?How about late rent fees? Pet fees/rents? Security Deposits if damage is done to the property?I’m just try...

My wife and I are looking to get into an investment propoerty in Texas.  We are using personal contacts to gain knowledge and get conected with professionals.  We have been prequalified for a conventional mortgage at ...

Hey Bigger Pockets!
Long-time lurker, first time poster here. I'm having some trouble with a refinance. We are cleared to close and the clock is against me as my rate lock has been extended. When I was sent my initia...