Purchasing a new construction rental in Jacksonville, FL.163,000 purchase price 25% down closing cost with prepaids are 7835.00 30 yr fixed 4.47% with 775 Fico score.Closing costs seem about double to me. I thought th...

Selecting a loan officer in brief…For experienced home buyers, I want to quickly lay out my strategy for picking a loan officer. Subsequently I’ll go into the detail for those interested or less experienced with the ...

Good Morning BP Universe,
Yesterday I came across a property on my local (Cincinnati) REIA website. The seller said in order to walkthrough the property, I had to have "Proof of funds". So I called around to a few Ha...

I have a few properties under a management company that charges me, the owner, $65 per door.
They also charge the tenant's a 2.6% admin fee each month, which equates to for example $20 a month on a $750 monthly renta...

Hi fellow BPers! We have some questions for those who are familiar with the VA loan for active duty military.We went through a mortgage broker and locked in our interest rate and lender's credit last month with a Rate...

My friends got quoted for 2.25% in Norfolk with a 30 year fixed rate VA loan. Is this a good rate or can they do better. Thanks for the help.

Hi--just learned that my property manager has completely changed its fee structure.  Instead of a percentage based on rental income it's gone to a flat fee per unit.  If I owned more expensive properties, this would b...

There are multiple threads on the forums about Cardone Capital and it seems things have changed over time (i.e., investment minimums, preferred returns, etc.), so I thought it might be helpful to evaluate the newest/c...

Hi BP,

I would like to refi my primary residence which has an 70% LTV. I want to lower my rate on a 30 yr fixed. I don't want to cash out. So far, all estimates have me paying 2-3% closing cost.

What gives? I th...

I’m searching for alternatives landers for Visio, they are great but I need other options to finance my single family properties as I grow my portfolio. I’ve found many landers are charging high fees on top of 2% orig...