Chris Seveney
Costs Are Increasing !!!!
As inflation rises, note investors need to take a closer look at their costs. This is why it is first and foremost critical to understand the costs of owning a note.Things like legal fees, servicing, and insurance are...
Eliseo Montes
Personal loan from friend.
Hello everyone! I'm a new investor in Arkansas and currently I am closing on my first property! I have a unique situation and would love to know what the community thinks.
I've recently expressed my love for RE to my...
Rosie Small
Secondary market volatility ....No funds, delays , just alarming!
I want to share with the BP COMMUNITY my alarming experience today, it never happened to me before .After 2 EXTENSIONS on the closing date, because the mortgage broker ( bridge loan ) keep asking for more and more pi...
Natanya Vidales
USDA loan first time home buyer, Crestline, CA or surrounding
Hello everyone, greetings so I am a single mom and just got a pre approval for a USDA direct loan for the amount of 285K. I have been trying for 5 years to get a pre approval for a home. It is just me, no co signer, n...
Kevin Miller
How does hard money work
I understand the higher interest in hard money but I get confused when it comes to the points and whether is there an monthly payment paid to the lender. Is the money just paid back at the end of the term? Thanks
Maritza Soto
New Investor - Hard Money Questions
Hi everyone,I am a new investor from the NYC area and I'm focusing on flipping in Long Island for now with plans on branching out into Westchester, Brooklyn, Queens and eventually buy & holds out of state. I've be...
Dan Flannery
3.75% interest rate on second property even though rates were at 8% at the time!
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $350,000
Cash invested: $20,000
Bought my second Property at 22 years old while still in school! how did I do it? I...
Philip L.
ACH loan payment for new loan
I'm In the process of sending over all the paperwork for a new loan, is it normal that they require the ACH form so early in the application?
I've been through the process a few times and normally the ACH form is co...
Jabien Letlow
New From Portland, OR
Hi everyone,
My name is Jabien and I'm a new member/poster from Portland, OR. I've been lurking on these forums for about 8 months, basically just after I bought my first house. I got the bug from watching fl...
Account Closed
What should be my next move?
Finally, I found a property that was in my budget and located in a good neighborhood. After negotiation,I made the final offer on this property which eventually got accepted and the transaction is currently in its clo...