David Smith
In BRRRR Strategy Financing
In the BRRRR strategy is taking a 5/7 yr ARM as the first loan before doing the renovation and refi a benefit or does it not matter when you need to take a loan to start? Thx Dave
Arun Kumar
PMI removal on fha loan
Hi,I have bought my SFH with FHA 3.5 down. Now my property got appreciated more than 15%. Can I request my lender to remove PMI without refinancing ?Bought on : 12/15/2021
Hunter Preston
Additional Income Stream and 0% Interest Loan w/ Security Systems
Here's an idea for a possible creative additional income stream for rental properties AND obtaining a small 0% interest / net neutral loan for each property: home security systems. 1) Negotiate a deal with an alarm co...
Mike Gordon
Is Neat Loans Legitimate?
I started an application with Neat Loans and they advertise a good rate and low closing costs for an investment property refinance.It looks like they were a company that was rebranded into Neat Loans this spring and s...
Rohme Williams
Private Money Lenders
So I have been vetting private money lenders from a pretty reputable website and have asked multiple questions about how the process transpires. In the experience from all of the investors here on the BP forums that...
Mary Jay
Cap Ex calculation on 100+ year old properties
Hi guys,Those who have 100 year old properties, how do you calculate cap ex on them?Do you say: ok, it will need a roof in 10 years, roof is 20K, so for the next 20K I will save $200 per month for the roof?Then do you...
Tom Shi
Electrician wants 50% CASH deposit prior to start
I am in Oregon and looking for a electrician to replace an old electric panel. Most electrician in town are very busy and scheduling estimates 2-3 weeks out. So I had someone based further away to come and give esti...
Brendan D.
Hard Money Lender upfront fees
Are there any hard money lenders out there who don't charge points up front? Seems like the points would be subtracted from the loan amount, but a few lenders in my area (DC metro)
want me to bring the points to closi...
Udaya P.
Difference between Private Lender and HML (Hard Money Lender)
Can anyone explain me the difference between Private Lender and Hard Money Lender ?What are the Pros and Cons of each ?Usually, what will be difference in terms and conditions between them ?When do you chose Private l...
Chuong Do
Rate lock "Total Lender Costs"
I just did a rate lock yesterday for 180 days, and there are NO upfront fees. There are "Total Lender Costs", which the loan officer said would be rolled up into the loan when I get it.
Am I obligated to pay that "...