Angelo Russell
What's the maximum Commercial loan Sellers credits in New York
I'm trying to get this deal financed. I need to deposit $125K and the bank would carry $300K Mortgage. This property needs about $75K in repairs. Can I increase the purchase price and get the seller to give this to me...
Jesse Kerr
Refinancing out of Hard money to Conventional challengers
What are the top challenges anyone has faced when refinancing out of a hard money loan into conventional?
Sandy Sawyer
Lender asking for more flood insurance premium after closing
I received an email a week after closing, title company's 3rd request for funding from my lender. But lender wants me to send another $2,000 to increase flood policy from covering my mortgage amount to one covering fu...
Account Closed
Rehab - New lighting, insulation and etc - Energy Cost Savings
Hello, BP members!I am trying to figure out something here. I got contacted by a company which is specializing in energy cost renovation strategies - specifically installing LED lights, engineering, sustainability, op...
James Nosack
Downtown Bellevue Condo Rehab
Investment Info:
Other buy & hold investment in Bellevue.
Purchase price: $400,000
Cash invested: $100,000
Downtown Bellevue condo - 1016SF 2BD/2BA - neighbors to Microsoft world headquarters and...
Tim L.
Delayed BRRRR: Stuck on 3rd R
I have 1 rental, purchased in 2015 for $125k that my wife and I lived in for a year while we rehabbed it. Since then we purchased another primary residence, and we've been renting the original one for $1500/mo for the...
Shawn Pappas
First potential Flip
Hi im looking to make offer on first potential flip. This house is not on the market yet and I found it simply by writing letter to family. House is vacant and completely outdated, but structure, furnace, roof, window...
Patrick Q.
What Are My Costs Multifamily (2-4 units)
Hello All,
I am planning on buying a multifamily owner occupied property shortly in Jersey City NJ.
I am trying to compile a full list of costs/allowances that I have to account for on the front end when doing my d...
Jason Monge
Closing costs "covered"
Hi everyone, I was wondering if you guys and gals could please give me any feedback regarding this topic? A realtor and a mortgage company have told me that all of my closing costs can be covered at my closing. Basica...
Qwesi McCray
"Rate and Term Refinancing" with Cash buy
I'm looking for creative exit strategies for buying properties cash.This is what I understand. Please correct me if I'm wrong. When purchasing a turn key property cash at a discount I could cash out refi after seasoni...