Hello Investors,What are the current terms and rates you see for HELOC on primary residence ?I checked a few lenders, and the best one so far are the following: - 3.99% - The loan is free of cost. The only fee is a s...
Hi BPers-I'm looking to make my first investment property purchase in the next few weeks. I reached out to Bank of America and they quoted me on a 4.375% loan with 25% down. This is a 30 yr fixed rate mortgage for a n...
When purchasing a flip with hml that you would now like to keep for rental and refi with cash out what's the steps and what fees to expect?
Not looking to pay thousands in fees quick closing Decent internet rate
My friend and I want to partner on a four Plex, but because he doesn't have the best credit history, and I do, I was wondering if we were allowed to do this...I would apply for the FHA Loan and I would put the 3.5% do...
Hi there, I am seeking some information about financing. I actually work for a mortgage company and have been in the mtg industry for over 15 yrs, my current focus in my w2 area of life is being a program manager for ...
Below is a cut and paste of an email sent to me (I get these frequently – their name is excluded here)…Anyone else get these and if so, what is your experience? Are they typically legit or not legit? If they are legit...
Hi Everyone!!I am new to this forum/website. We (my friend and myself) are planning to get 2 houses built next to each other, for personal use and not to sell. After a long wait, the plan is finally approved and we wi...
I’m looking for information on if a conventional or commercial mortgage would be best for a fourplex.
I have an opportunity to purchase an off market 8 unit deal. I have spoken to two banks and they will only do 25% down and 1.35 DSCR (Debt Service Coverage Ratio). The bank will only lend up to $390k. The asking price...