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.

My partner and I are new REI's since 2018 who have employed the principles of the BRRRR method commanding 5 doors valued about $750k plus one door with projected ARV of about $250k by '23Q1 and one other door bought i...

I have a verbal quote for 14% of monthly rents for 3rd party property management.  I know typical rates are 8-10, sometimes I've seen 12%.  But could a PM be rock star enough to warrant a 14% rate?  I just can't see t...

What are the typical terms for Hard money?    I want to get an idea of what the current interest rate is, points,  how much I need to put into the deal and how the disbursements work for the rehab.   Are there upfront...

For those experts, your input is highly appreciated . I'm a newbie here!My offer just got accepted for an REO property and needs some rehab before we can close the loan and ready for rent.I got call from a lender LOAN...

When getting a loan, do you simply take whatever rate is lowest? Or are there other things you look at?

Hello all, I am in the process of purchasing a 2 family home using a DSCR loan. This is my first time going non conventional. I am trying to figure out the numbers to see if it is profitable. Any advice from those who...

What are the fees like?

Lets say you have 5k equity in the house you'd like to pull out. If it costs 2k to do it, it might not make sense.

Right now I am looking at how fast I can grow my business. Taki...

I am trying to do refi with cashout for 4 properties and thinking of using the cashout to payoff the fifth property. Looking for thoughts/advice from BP experienced folks. Am trying to gauge if it makes sense to proce...

Hi BP,I'm curious (as I've never gone through with one myself yet) what I should generally expect with rates on private/hard money lenders? Is there a general mark up above market rates that is typical? or is it just ...