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Hi guys! I am freaking out! I sent my purchase contract to my mortgage broker 2 weeks ago and yesterday I have learned that my mortgage broker just quit lending industry !!! I called his office (he is Arizona based) a...
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Hi all,Im about to refinance my condo and my closing costs are $10,000. Amount to refinance is $150K, from 4.7% currently to 3% refi. The new loan amount will be $160K. Does this sound right? Are the closing costs too...
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Hi,I'm in the process to take a mortgage (first time). I would like to get offers from a few lenders. Each of them want to run his own credit check. How will it influence my credit score if I will do a few credit chec...
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I am using my own cash to renovate it- It's tied in with the land in Palatka. I got a great deal on it ( I am a REALTOR). This issue I am running into is trying to get cash out on it once it's rented out. I want to...
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Just went under contract on a cash deal for future BRRRR or flip. Very excited and I appreciate the BP community, podcasts, and tools. Makes it really easy and fun. Well maybe not that easy!
Jim
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Anyone care to share a recent transaction they were a part of on a 5+ unit multi. 10% down....25% down? How much reserves were required? Re course? non recourse?
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I am planning to invest in Mobil home park and have found the deal . I am trying to analyze the deal and looking for feedback if there is any tool here in BP or website where I can analyze the deal if this is good or ...
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How much are you guys usually paying all in for cash out refinance? I’m paying the following fees which total 4K for the refi:1) lender administrative fee - 1,5002) origination fee - 9953) appraisal, tax, flood, credi...
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Looking to get a second lien DSCR loan on a single family long term rental I own in Arizona. The property cash flows well and has enough equity.
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I am attempting to purchase a triplex and a duplex on a single 2.5 acre parcel. The purchase price is about 475k. I have the 25% to put down but I cannot find a lender. It seems that having 5 units sends all the lende...