I have an associate in Sydney who does a lot of business in several of the South Pacific countries, and he is touting the interest rates over there. In your respective geographical areas, what is the average small hom...
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What is the rule of thumb for calculating Closing Costs for analyzing a SFH. Do you have a certain percentage? I would like to be conservative with this number so I'm covered in a deal.
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Property type: new construction condominium style townhouseBuilder: TrumarkLocation: San Jose Downtown(near San Pedro market).Zip code: 95110Closing date: Approx 2018 DecemberPlanned down payment: 10 percentGiven that...
Hi all I purchased a home from a tax sale and started the remodeling using my own money but ran out. It still needs about 30,000 to finish. No holding cost on the house besides taxes. I’ve been told to sale as is and ...
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Eddie Speed talks about A notes and C notes. What's make a note a C note vs an A note?Thanks
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Looking to get into real estate in near future, but I know I need to clean up some my personal finance first. I have about 15 to 17g in school loans, smaller loans, and cards altogether. Currently paying on all of the...
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Hello Friends of BiggerPockets,I have a deal that I was going to use a small community bank to fund the purchase price and rehab. I made a late payment on my student loans and it dropped my credit score below their re...
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Hello Folks, i am working with a major bank and they have charged me $3024 in Loan Origination Charges for a 250K loan.$1234 = Rate extension lock fee$1357= Prepaids$477 = Appraisals$1095 = loan processing feeThey too...
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Hi, my banker said - We are needing a minimum extra $20k in cash flow in order for this to debt service at 1.25x, which is the industry standard lowest it can be to approve loans, your's now is .98x. Is it possible t...
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Good Afternoon,
My partner and I purchased a SF home to fix and flip. The house was under contract a couple of times but never made it to closing. We closed a year ago and out interest only loan will mature on Sept. ...