Tim Coppola
FHA Move in date
Greetings BP nation,I recently purchased a three flat with an FHA loan and my 60 day move in date is June 27. The previous owners still live in the building and the closing date for their new place was pushed back to ...
Sam Leon
Buyer wants to change buyer name to an LLC last minute
Selling a property and went under contract in early July scheduled to close in two weeks.So far all contingencies have been met and suddenly the buyer wants to sign an addendum for a name change from "John Doe" to "wh...
Carolina E.
What's the point of a Rate Lock...
A few weeks ago I started shopping around for a bank that would do a cash out refi with a low rate. After deciding to go with one of them, and rated were very low, I wanted to lock my rate in. First it took them a w...
Yeng Hawj
Pay off Student Loans or Invest in Rental
I'm in the process of buying a bigger house and selling my current one. I have enough equity in the current house where I can do a 40% down on the bigger house. But instead I'm debating on doing only a 20% down, whi...
John Widlacki
Fha construction loan
Good evening BP’ers!
My question may be fairly simple, does anyone know of any banks, credit unions, etc. that do FHA new construction single close loans? I know the FHA offers them, but it seems for some reason most...
Tyler Livingstone
Aloha Capital reviews wanted
Hi everyoneLooking for reviews on Aloha Capital. Looking to use them in the future for 30 year DSCR loans. Does any one have any experiences with them? I I spoke with a rep about the DSCR and he is saying mid 7s may...
William Morgan
Evaluate this potential note deal
I'm somewhat new to note investing. While I have created notes in the course of buying and selling properties, I have never purchased an existing note. My company has flipped hundreds of homes and structured owner fin...
Chris Jackson
To rehab or not to rehab...
Well - my first dose of reality. My first dose of fear. And excitement. But mostly fear.To rehab or not to rehab. That is the question.$60K gets me into a duplex. Half is fixed up and rented (has been for 2 years)...
Amir B.
Conventional Mortgage Loan Advice
Hello BP Community,I got a MFH loan for $400,000 with my personal bank (Wells Fargo) back in June. It doesn't expire until October. The interest rate is 3.625%. WF has high lender fees and the interest rate could be b...
David Ivy
Questions for Hard Money Lenders
I have an investor client who wants to diversify his real estate portfolio by making some hard money loans through a local hard money lender here in Texas. What are some good questions for someone looking to invest wi...