Hi BP,We are currently under contract for an ocean property for a vacation house with more than 10 acres of land (where we'll build another main house). Working with a lender who says we should be able to finance it a...
I’m looking to buy my first duplex. Would like to know if anyone knows of any lender options for 20% town instead of the usual 25%. Also any tips on where to find the best interest rates on investment properties would...
Borrower currently goes with LENDER A, but LENDER A ends up with very high interest rate and fee.
To do price match, I would like to ask whether I need to show LENDER A the lower rate & better fee from LENDER B's...
Does anyone here have a private investor contract-template they could share?
BP Friends, Finally after several years of "analysis paralysis" on different properties, I had a courage to partner up with my family members and pulled the trigger on a MF property. The property is under contract and...
Hi all, what type of interest rates are you guys getting through Freddie Mac for apartment buildings in the 6-10 million range? Looking at fixed 10 year terms. Also, did you have to pay a 1% lender commitment fee? ...
I have talked to a few lenders that are ready to provide an Investment loan between 3.125% to 3.5% with 0$ lender fees.Property Type: SFH (between 400k - 450k)Location: NCShould I try more or get that rate locked?
Hello BP,I'm a veteran who bought a house using the VA loan, I've lived in it for over a year and I had to change jobs to a new city. I'm currently living with family and have people renting out my house. Is there any...
Just completed an excellent real estate refresher course which often leads to more questions. Does anyone know of or have any experience with the following, and are able to pass on a resource?1. Lenders that do HELOCs...
Hi BP - I know this has been asked several times previously. However, here is my situation:I'm trying to do a HELOC on a single family investment property. It already has a 1st position lien. The HELOC would potential...