Hey BP Fam, two questions for you. 1st question; is there a huge difference in the rate for a conforming conventional loan for an investment property vs primary home? 2nd questions; I Just got pre approved for a non Q...
I am buying a multiunit rental and the rate I am getting is “ the rate will be calculated 5 business days prior to closing and will be fixed for 5 years at a rate of 275 basis points over corresponding federal reserve...
Hi BP,I currently have my first house financed with a VA loan. I've been considering refinancing into a conventional loan with the equity I have.Is this feasible? What are the pros/cons?
Here's a friendly reminder to *choose your lender carefully*. We went with Allied Mortgage Group (based out of Bala Cynwyd, PA) because they were the first to offer us the rate we were looking for, and their incompete...
What world are we living in?!?!?https://www.google.com/amp/s/amp.theguardian.com/money/2019/aug/13/danish-bank-launches-worlds-first-negative-interest-rate-mortgageGet paid from a lender to hold a note on the property...
I have been pre-approved by a mortgage broker who was recommended by an investor friend. How do i go about shopping for mortgages and better rates without it affecting my credit score?
Hey BP, long time lurker and first time poster. I've always been able to find the answer I need without reaching out, until now!I'm under contract on a triplex "house hack" using the VA Rehab Loan . I am not going to ...
Hey BP,I'm looking for funds to finish my rehab project and someone told me about Sprout Financial unsecured line credit? Are they legit? Has anyone used them? I'm skeptical because of there up front consulting fee of...
What are things that I need to be aware of when choosing a hard money lender? Are there any specific questions I should ask? Do you have any recommendations for good ones? Thanks in advance for your response.
My wife and I are trying to get all our financing options together. Currently we have private money (close family and friends) as well as pre-approval from our bank to purchase some investment property. I want to expl...