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Hi All, I'm in the process of trying to do an FHA Streamline Refinance on an FHA mortgage I have. I've talked to my mortgage holder about this and he said I could save about $40 a month doing the refinance, with no ou...
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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...
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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 ...
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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...
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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...
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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...
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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 ...
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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...
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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, ...
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I am talking with my accountant about the mechanics of a cost segregation study on two duplexes purchased in 2022. He has asked for fair market values for items that will be included in the study (ex: roof, water heat...