Marci Stein
cash out refi 5.1% too high
the bank offers me a "commercial" loan (because it's an investment property with 5.1 interest rate, very little fees. i know it's high but it 's the best i can find in 2 months. Is it crazy to accept or should i k...
Greg P.
Amortization Schedule Help Please
Hello, the IRA firm I'm working with wants a Amortization Schedule for the private lender I'm working with. The terms are $187k at 12% interest only monthly payment. Does anyone where I could find a nice Amortizatio...
Jon Klaus
2.99% fixed for owner occupied commercial
Today I decided to call a bank that I've done a couple commercial loans with over the past 2 years. American National Bank of Texas.
Just this morning they started offering 2.99% fixed for 5 years on a 15 or 20 ye...
Tim Johnson
"no-neg" ARM vs "neg-am" ARM????
I would like for people with experience to explain the difference between these two, and give an example of when it's best to use one over the other when getting a loan. Thanks.
Robert Fowler
Thoughts on this seller finance deal?
My realtor turned me on to a property with seller financing.The seller wants $465,000 and a 20% down payment. It sound like the terms are wildly flexible and I could potentially structure a deal where I cashflow $1200...
Neil Robertson
Seller Finance Deal Structure, Need your opinion!
C- Class Property Renting for $800 Per Month , SFR Property in decent shape needs minor repairs ( maybe 2-3K) - 60,00K Asking Price Option 1: 25K Cash offer close within 7 days ( I can do a cash out refinance and pull...
Julio Contreras
Single Pay Mortgage Insurance - PMI Upfront
Hello BP members!!!Anyone know more about Single Pay Mortgage Insurance? I have read that you can pay all your PMI Upfront so you dont have to pay it monthly, thus making your total monthly mortgage payment smaller. I...
Alan Faitel
I'm looking for a hand built amortization schedule,
I'm looking for a hand built amortization schedule, that I can put in sporadic monthly payments. Using sheets or Excel. Can someone direct me to something.I don't want to build it.
Matthew Parent
Seller/Owner Financing Terms
Hello. I’ll try to be as concise as possible. This post will come with a few questions. Please answer all or just one part if you have a moment. Thank you in advance for your help. My wife and I would like to buy a h...
Kayla C.
Amortization Schedule and Calculations
Hello All!I'm in the process of buying my first piece of real estate, and I'm aware that an amortization schedule/ calculator helps me find out how many years I can shorten my mortgage by making extra payments on the ...