Working on a loan for a duplex that I'm psyched about. I'd love your thoughts on paying down interest rate up front with points. I'll use an example with similar numbers because I want to truly understand the reasonin...
Our primary home is paid off, we are Refi-Ing and going to use the equity to purchase our 1st flip. Lender #1 is offering no closing cost, same interest rate but less on the LTV only 65%. Lender #2 is offering more LT...
Hello everyone, where and how have you acquired funds for conducting due diligence inspections after signing a purchase agreement? If you plan on syndicating or getting a partner who can be the loan guarantor -- and y...
Hello Bigger Pockets Community,
I am currently facing an issue with a property that I’ve recently put under contract and I’m in need of your expert advice.
Upon conducting a snake sewer line inspection, we discovere...
Good day all. So I decided to do a refinance and HELOC to hopefully enjoy the best of both worlds.My question is, what are the benefits of paying the closings costs upfront vs having them rolled into the loan?I have ...
Good evening all, I hope all is well. I wanted to reach out to the note investors out there. I am not interested in buying this note right now, but I am trying to understand how to underwrite notes in a whole. I want...
Hi Bigger Pockets Family!I officially upgraded to Pro immediately after sitting in on Brandon's webinar on Wednesday! It was great, very informative, and got the juices going to get deals.Can someone recommend a lende...
FasterFunds Lending, a hard money lending who focuses on the Saint Louis Market has a unique take on hard money lending that I would think should be more popular.
1. No appraisal fees. They get in their cars and go s...
Everyone knows foreclosures are a great way to get a house at a bit of a discount. However, often times banks will not pay any closing cost or if you ask for them, say up to 3% of purchase price, someone else may not ...
We are looking at a new construction project, a single spec house with a hard money loan. Can we take pay out of the loan since we are acting as the general contractors? I think I read/heard discussion of this on BP, ...