Nate Jenks
Fixed vs "first responder" Adjustable rate mortgage.
Hello all. This is my first post on Bigger Pockets as I get going into my real estate journey. I'm currently in the market to purchase my first home (currently in an apartment). I'm looking to acquire my first BRRR. I...
David Mirza
Getting around 10 loan limit
is there a way to get around the 10 loan limit for conventional loans? For example if I have 10 fannie mae loans, could I switch to freddiw mac or fha?Another option is to get loans in my wifes name. Currently all m...
Justin Scott
Investors making it tough for first time buyers
Investors are buying more homes than ever which is making it hard for first time buyers to get a house. “They have visited 25 properties and bid on half a dozen but keep losing out to cash buyers.” What are you g...
Pratik Jhaveri
Need help: 10yr fixed (3%) vs monthly COFI based loan
Hi, We are in contract on a 3-plex in San Francisco. Will occupy one unit and rent out the other two.We are trying to lock a mortgage and wanted to see if anyone had advice on pros and cons of a fixed vs COFI based lo...
N Wilson
Just accepted the counter offer, What next?
We are new investors, just starting out. We were pre approved for a commercial loan, but should we try for conventional? Or something else? We paid off the conventional loan on our primary residence a few years ago,...
Andy Wilson
15 year fixed vs refi 30 year fixed
Hi BP,
I had a loan with 3.5% 15 yr fixed loan a year ago, and now is trying to change to 3.375% 30 yr fixed for my primary residential. the closing cost is $2000. This will save me $870/month. I plan to stay at my ...
Jim Goebel
Interest Rates - Long term fixed vs Commercial rates?
We are closing on 3 loans later today. So, the time to probably push back on rates, if there ever was an option to do that has probably passed. However, we were quoted rates back I think in early March, which in a q...
Sean Eads
FIXED vs ADJUSTABLE mortgage for first property invesment.
Guys, need some help evaluating my potential first property!As of now, the owner has agreed to settle on a purchase price of 52K. Now, I am trying evaluate the best way to finance. I am talking to two separate banks a...
David Johnson
CUs for HELOC in South FL
Hello Everyone, I'm currently shopping around for local credit unions that offer HELOCs and looking for feedback from anyone that has experience. I'm located in Fort Lauderdale and own my home outright. I'm looking to...
Jim Growfer
What are some ways to find Commercial lenders in my area?
I'm looking to purchase a multi family building 16+ units. I sent over 100+ emails on Loopnet to brokers asking if they work closely with any lenders and only 5 responded .Where else should i look for them?Should i g...