question for the pros out there....ok once we get some cash in our coffers to play with Id like to know how to properly pay all cash for a home. we all know that all-cash offers will light a fire under the seller's as...
I have recently bought a bunch of properties and worked with 3 banks, two of them ended up sending my loan to an administrative company that is terrible. This means that they do not service your loan after you close o...
Hey! For anyone looking at private hard money loans be very careful! Here are some things to consider.
1. Also search for reviews or get references.
2. Don't wire "upfront/deposit money to a lender EVER.....serio...
Both my Private Lender and I need help with how to structure the repair costs at closing. I have used this Private Lender before but the loan did not cover the rehab costs for the previous deals, those costs were ...
Hey is anyone out there having trouble doing back to back closings? With the short sales that we have done recently the title company have required that we hold the property for 72 hours to insure that the funds won't...
Hey everyone - new to BiggerPockets and excited to be here. This is my first question ever posted here - is there something out there to crowdsource loan rates people are getting? I spoke a loan originator and they me...
Hello,
I have 3 duplexes to cash out refi on. All are worth $200K. One is free and clear, one I owe $5K and one I owe $35K.
What should closing fees, points, appraisals add up to? I am seeing $7400-$8400 in closing ...
If someone is selling a portfolio of a 4plex and 5 plex how does a mortgage company look at that? I know a quad isn't classified as commercial so it wouldn't by itself qualify for a commercial loan. Does that change w...
Found a badass property that has a lot of potential. It needs about 30k of work, can probably make at least 50k on the back end (not including interest from loan) so lets say 25-35k with minimal work. Has to be cash d...
I am looking at a condo that was built in 2006. Owner 1 bought it for $163000 and sold it to owner 2 in July 2009 for $127,000 and then in July 2016 some loan servicing company bought it from owner 2 for $114,050. The...