Shon Drennan
What really happens when you refinance?
I'm curious if someone can explain this so I can understand how refinance works. If I were to finance a house for $100,000 then later refinance for $150,000. How is it that you make $50,000? Would that not just be an...
Therese V.
Recommendation for a better rate, $2k sucks!
OK, have a home built 1925 and we are closing tomorrow. Needed to get insurance that includes 100% replacement value. The home is brick. Great condition, except they want $2k+/year to insurance including $5k deductibl...
Travis Franzoy
Our initial roadmap for starting out
Discovered Biggerpockets from one of Brandon's Youtube videos when I was trying to answer the question on whether we needed to join Lifestyles Unlimited or not as new investors. He answered the question in the video ...
Rudy Avila
2 million dollars for a 300k condo, would you accept? Note L.A
If i would to offer you 2 million dollars for a condo 300k market price, wold you accept? Here are the numbers Bigger Pockets players here are the numbers. Especially the note players. I know my numbers. I want to hea...
Harrison Chow
Bank Lender or Mortgage Broker
Hi Guys!My first post here... I'm at the beginning stage of BRRRR process, trying to assemble a team of experts and one being the lender. Do you guys prefer working with one or two lenders or do you have a mortgage br...
Carlos Ptriawan
Mauna Loa Eruption and Property Insurance
Now that Mauna Loa has erupted, what's the property insurance company going to do if the lava hits a residential area like Hilo? Are they going to cover it 100% ? are they going to raise property insurance for the who...
Shelly Scruggs
HELOC
I applied for. HELOC on my primary residence and was approved. I have 3 days to rescind. I don't have a deal lined up but searching. Should I have waited to find a deal first before applying for HELOC?
Amit Desai
Can Second Home be use as Rental Property (AirBNB, VRBO etc)?
Hi,I need some clarification on how does second home loan and investment/vacation rental loan work, because I have seen that mortgage rate for second home and vacation/investment property are different.1) What should ...
Adam Guy
LTR deceased from 80% to 69% day before closing
Hello, I'm not new to being a landlord but I'm new to private lenders. I recently have been working with a private lender on an off market duplex estate in a B+ area that a lawyer brought to me. It has been a long b...
Hong Y.
Variance and Insurance
Hi BP community, would anyone happen to know if a variance on my mixed use commercial building have any effect on my property insurance policy? Currently, the store space is zoned for retail and the variance would all...