George P.
Listed SS - questions
Don't have any experience with mls-listed short sales, or any short sales for that matter.
Found an owner-occupied condo SS that is listed for almost 4 months (as of today). Initially listed for 135k, now at 89.9k. Fo...
Kyle P.
Online lenders vs local lenders for conventional loans
Hey all,I am looking to buy and move into a 2nd property (my first SFH will be turned into a rental). I am looking at some local brokers/banks and can get around 4% for a 30 yr conventional 5% downpayment. I am seeing...
Mark Hagge
First property in Illinois
Hey BP! This is my first post. I've been considering getting into real estate for quite some time, and so I've been reaching out the contacts in my local church and otherwise to get their thoughts and opinions. I'm l...
Shelbie Beeson
Do I need 20% on my 2nd home which will be my primary residence?
I currently live in a home I bought with approximately 3% down. Values have gone up and now I’d say i have around to 15-18% equity.
We want to move but don’t want to sell this home. This was our primary residence th...
Mike Smith
Ohio Rental Refi - Any Lender Recommendatitions?
Hi,I have a few rental properties (single family homes) that I would like to get refinanced to a lower rate. Before I call twenty different places just to find out if they do mortgages on rental properties, if they h...
Michael LaVan
Hard Money Loans good idea or not
How do you guys feel about hard money lending? DO you recommend any banks for personal loans?
Timothy Lewman
Massachusetts November 2021 Closed Sales Stats
Massachusetts SFH stats for November: More of the same insanity...houses selling like normal but not nearly enough new listings - keeping prices elevated and days on market compressed.
Median Price: $525k +9.38% f...
John Salgado
Lender increased Mortgage Insurance premium on initial CD
I am in process of closing on my first MF house and recently received the initial closing disclosure. I noticed that the lender increased my mortgage insurance (MI) premium to almost double the original amount. It i...
Bill Coleman
% to budget for seller closing costs?
I am trying to figure out seller closing costs on the back end of a flip before I set my offer price. Does anyone have a formula or percentage that has proven reliable?
I've searched the BP forums and didn't ...
James Ramsey
First offer
Well I got over my analysis paralysis on my first deal and made a low ball offer of 10K on a 40K property. 3 bed 1 bath. The house is an estate that has not been lived in for 2 years. They came back with 25K. Do I ...