Wife and I are ready to put an offer on a home we are in love with. We've been watching the market for months and this home fits our needs the best. The home has been on the market over 100 days, has "motivated sell...
Hello! I am looking to lower the cost of closing on the refinance of my BRRR deals. Right now I am using 80% LTV to refi and paying separate origination and processing fees at closing. My question is, would it be bene...
I'm trying To run numbers on the bigger pockets calculator. We want to offer 175k on the house and the realtor suggested 6 percent credits. But I'm not sure what that is. Does it buy down the mortgage to 164k? Or does...
How can a seller credit be paid once the closing costs are already covered? The seller wants to give a credit for repairs so we can close early but the closing costs are already covered. Where would this credit be app...
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...
Looking to purchase another home for a house hack with my wife. We have enough for a 20 percent down payment but would like to get a lower interest rate, would it be possible to put 6 percent down to lock a lower inte...
Hello, Board.I want to reach out to your for the opinion. I own quadplex that is completely paid off. I want to have refinance the property in order to have cash in case that I want to buy another investment property ...
IntroductionOn 1/31/2020, I purchased my first two rental properties. One of which I just sold last week, on 5/27/2021. The following write-up is a detailed analysis on the numbers, from purchase and closing costs...
When you refinance an investment property, is it better to pay the closing costs out of the cash back, or bundle the closing costs into the new mortgage?Thanks,Nick
Aloha BP’ers!As many of you already know of interest rates lowering (as low as 3.75%). I’m wanting to know if now is a good time to consider refinancing? I have 4 properties in Dayton Ohio — 3 of them currently @ 4...