Colby Zeller
MIP or Mortgage Insurance Premium included with FHA and 203k Loan
Im making this post to see if I can obtain more detail from all my BP experts on MIP when financing with a FHA loan. Ive read up on it a little and it seems FHA and 203k loans require this premium that requires you to...
Andrew Postell
Yay! Tax Season! What you need to know on claiming deductions!
It’s tax season! Yay! Can we detect sarcasm when it’s typed out? Since April is fast approaching that means many of us will need to file our Federal Tax Returns. Even if you are filing an extension I have tried to...
Justin Owens
Investment rates for conventional loans
Short question: What is the normal spread between primary residence mortgage rates and investment rates? Are there more fees with investment properties vs primary residences?Background: we purchased 2 BRRRR properties...
Shelly Litwiler
Hard Money Lender Question
Hello! Has anyone heard of / used Tompkins Financial LLC for a hard Money loan? They’re based out of Texas. I found them through a Facebook group but can’t find anything about them online. I have a fear of getting sca...
Mark Weinberg
Type of BRRRR financing
I would like to know what type of financing is used for the BRRRR method?
Charles Stubblebine
Refinance SFH
After reading "Who Took My Money" I am motivated to have a SFH that I own refinanced to accelerate my money. What are the requirements to do a refinance? My questions are:1. Do you have to have a certain % of the hous...
Carlo Gabriel C. Calderon
FHA loan in the Philippines?
Anyone here from the Philippines? I just want to ask if there is a loan being offered in the country just like the one that the FHA offers wherein the down payment is only 3.5% given that you'll live in the property.
Jacob Greer
Conventional Investment Property Loans - Memphis
I am looking to build a relationship with a lender that will provide conventional investment property financing for me to grow my business. Hoping to keep it local, but willing to go just about anywhere if the terms a...
Dmitriy Fomichenko
96% APR. Really?
I received a loan offer today from Brookwood Loans... They offer small loans up to $3,500. They are charging rate of $96%!!! I had no idea that it was legal to charge such high rate. In three years you are paying back...
Jessica Dold
Personal lender, highest interest rate?
I received a private loan from a family member for a reno as well as some help in labor. Wanting to potentially pay a higher interest rate on this loan instead of paying cash out for the labor that was contributed. Lo...