Dan Santonocito
DSCR Loan Question - Local or National?
When looking for a DSCR lender, do you have to find one in the area you are looking to invest in, or does it make more sense to find a national provider? Looking to purchase a STR in North Myrtle Beach later this year...
Konrad Lightner
Comparing Lenders for Best Deal
Hi All,What are some of the qualities that I should use to compare conventional lenders? A friend of mine, said to get these to compare.Good Faith EstimateInterest Rate APRBank FeesRight now my wife and I are on the ...
Ifeanyi Onyeonwu
Is 8.875 a good Dscr rate today
I am unsure if the rate is good. I am concerned about the prepayment penalty of 11k if refinanced before 5 years ( would have paid 120k but 10 to principal) on a 220 cash loan
Tingjun Lei
Cash out Refi Recommendations
Hello all BP Pros,Want to get your opinions on this. Thanks in advance! I am trying to do cash out of my rental property. It's a single family home at south FL, purchased with all cash, free and clear, rented out. I w...
JC Smith
Do these Loan Details look right for FHA?
Hi BP!
JC again, thank you all for the help so far.
ANYWAYS here is the scoop, should I trust this Lender?
LOAN DETAILS AND MONTHLY PAYMENT OVERVIEW
LOAN DETAILS...
Mercedes Smith
hard-to-believe low interest rates in Utah??
Hi, I just happened across Associated Mortgages in the Salt Lake City area of Utah. They have interest rates for 30 year conventional mortgages at 3.75% right now, March 9, 2019. This seems exceptionally low. Has anyo...
Steve Pickenpaugh
cash out refi a good deal?
Hi guys hoping to get some feedback on an offer from TIAA for a cash out refi on my residence. It looks expensive, especially closing costs. I'm trying to position myself to have as much cash on hand as possible in th...
Chris Seveney
Some Due Diligence Basics on Note Investing
Recently, been seeing more and more online posts of performing mortgage notes on the secondary market as one-offs with a rise in individual investors presenting "anticipated returns". The numbers invited a closer insp...
Matt Wells
Conventional cash-out refi investment loan rates and points?
What are the current rates and points charged for a conventional cash-out refinance on a single-family home investment property? I would like to know the current trends for interest rates, points, and lender fees. I e...
Percy Davis
Can you review these mortgage docs?
An opportunity came up recently to buy my first property. I contacted a mortgage broker I was referred to by a coworker and after sending in some documents he sent back an itemization sheet with the loan costs and...