Trina P.
To refi or not to refi
We have a property in Huntsville, Alabama that we purchased three years ago. It's cash flowing well and has enough equity to refinance and pull our roughly 14.2k for about 4k in closing costs(the breakdown of expenses...
Sue Croson
Question about Buying in Cash
Hello, I heard somewhere that you can negotiate a lower price on a house if you are paying cash. Can someone please explain why that is and provide any tips for using that as a negotiation tool? Thank you!
Ian Fisher
Second lien / HELOC question
Hi - have done a lot of real estate investing but find myself back to square one when it comes to financing primary residence. I have a first lien lined up at under 5% for 70-75% LTV. I could do up to 90% at 9.5%. In ...
Roger Mace
Should you refinance a DSCR?
Refinancing loans with a focus on Debt Service Coverage Ratio (DSCR) can be a strategic decision for businesses. Here are some situations when refinancing might be considered:
1. Improved DSCR: If a company’s DSCR ha...
Zachary D.
Negotiating Price After Appraisal
Hello,I recently received an appraisal that was satisfactory to the lender (85k home price v 88k appraisal price). There are some expected repairs to satisfy the FHA loan criteria.We are in good shape to finish this o...
Michael Hayes
What Company Was It That BP Advertised That Offered Title Curing?
Greetings BP,Maybe I'm imagining something that was never there, but didn't BP have a link to a company on their perks page that offered quick title curing at a lower price than the going rate?I'm looking into picking...
Travis Cormier
When to apply for hard money
Hi BP, I'm a bit confused on how to do hard money. I have only used conventional financing so far. I've trie dsearchign and can't seem to find the answer to my question: when do I apply for hard money? I have a lead t...
Jon Q.
Now is a great tune to cash-out refinance!
I'm not a banker, nor do I broker mortgages or get paid any compensation to refer those seeing to refinance.---------------------------------------------I believe that many markets are now peaking. Now is an excellent...
Brent P.
No money down option for Apartment building?
I am just trying to figure out if a strategy like this COULD work.
It seems that the requirements for down payment on a commercial, multi-family is typically between 25-30%.
I do understand that seller carry back ...
Jessica Wainscott
Delayed Financing vs Cash-out Refi
My husband and I just purchased our first SFH investment property and are planning to use it as a short term rental. We paid cash and are planning to get our money back out by financing it in order to purchase additi...