Diana Bakema
Closing Costs (on a FHA Loan)
Hi everybody!I am doing some research on the “cost to buy a home” within a FHA loan.Besides the downpayment, we have those closing costs.As i am looking in FL with a credit score of 720/730 how much would that be?Any ...
Arthur P.
Where are we investing in 2020?
Where are we headed for 2020? What do you think the trends are? Where are the next new areas to invest in? My thoughts and experiences. The trend of population migration into the south will continue. Southeast is star...
April Hamm
Help with interest rate?
Hi! I just got preapproved from the lender today for my first rental property! I haven't bought a house since my primary residence in 2007, so this financing part is new to me. It seems like traditional lending is ...
Dave Elim
25% down required?
Hi all,Got an offer accepted on an income property duplex in Wisconsin for 125k and the lender is asking for a minimum of 25% down. Is this normal? We currently own an ADU that is on our property that we have a HELO...
Greg Raymer
Why Low Commissions Are Bad for Home Sellers?
Low commissions for home sellers can be problematic for several reasons:
Reduced Marketing Effort: Low commission rates can result in reduced marketing efforts from real estate agents, who may prioritize higher-payin...
Brody Veilleux
Investment Strategy Opinions
I have an exhaustive list for my investment strategy and I’m looking for second opinions. The general plan is to BRRRR a duplex and rent one unit while living in the other. Then using the recoup to fund my primary res...
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finding (quality) renters?
so my 1st rental closed on the 15th of february. i had put an ad in the newspaper february 1st. the ad stated it was available Feb 15th. i have advertised on Craigslist.org, and have a big For Rent sign in the yar...
Jesse Prescott
Does a 3.6% funding fee for a VA loan ruin my cash out refi?
Hello all!So I'm currently considering doing a cash out refi on my primary residence. I have about 60k in equity. I talked to one lender, and they said they're offering 90% LTV, which would leave me with 40k. Since a ...
Leonard Spicer
Buying a Property with No Money Down Using a Credit Union??
Has anyone else been able to use the difference between the sales price and appraised value of a property as a down payment, as mentioned by the guest in episode #440 of the BP podcast? He mentioned finding a credit u...
Richard Smith
“Bonus” Real Estate Agent Commissions
Hello all, fairly new to the REI world, but seem to be getting a foothold.
I was wondering if anyone gives their agents “bonus” commissions. As a REI I’m understanding the idea is to buy as cheap as possible. In turn...