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...
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...
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...
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...
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
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 ...
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?
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...
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.
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...