Stephen Keighery
Making your cash purchase a mortgage to decrease seasoning period
Hey BP Community,I have done over 20 BRRRR's so far and love the strategy. I have been buying all cash and need to wait 6 months for the refinance company to use the appraised value when applying the LTV for the refin...
Brian O'Neill
Newbie question, seller has mortgage but wants a cash offer
So If a person has a mortgage can they except a lower cash offer than what they have on loan? I tried a sub to but they didn't like the thought of that for some reason . It just seems like if they except a lower offe...
Riaz Gillani
Mortgage Brokers - What do YOU look for in a lender?
For my commercial (residential, your opinions are always appreciated as well) mortgage brokers, how do you decide where to bring your lead? Sure, we have a fiduciary responsibility of sorts to get our clients the best...
Steven Taylor
Transfer a Conventional Mortgage to an LLC: Risks vs. Upside
Hello Folks,
We have decided to hold an investment property in an LLC and are discussing financing strategies for the property and would like some advice.
Option 1: Get a commercial loan for the property under th...
Billy Zhao
Historical 30-year-fixed Mortgage View Against Federal Funds Rate
Take a look at this graph. Yes, the rate is >6% now and the 2-3% days are over. But we are still at a historical low right now. Even before the "Great Recession" of 2007-2009, the rate is still above 5.5-6.5%. How ...
Sarah Msuya
Large Commercial Mortgage with No Seller Capital Required in Main
Hello everyone,
I have a large portfolio deal that I working through. The lender I am using for another property said its required to have 10% of seller funds in the deal. I would love to have less than that and use...
Jill S.
conventional refi - use future rents to offset HELOC & mortgage
Hi everyone,
My husband and I are attempting to refinance a property in Colorado and are running into trouble due to the increase in interest rates. We are considering renting out our current owner-occupied home to d...
Joel Allen
Frost Bank to Re-Open Mortgage Operations After 2 Decades
Interesting story I saw in the San Antonio Business Journal today…At a time when many banks are divesting or scaling back their mortgage offerings, San Antonio-based Frost Bank has announced its intent to re-open its ...
Brian S.
Can a pending misdemeanor prevent you from getting a mortgage?
Greetings,I am currently in the process of purchasing a rental. I was just notified as my contract went into underwriting that I need to clear this case I have against me before we can proceed with the mortgage by th...
Ray Agosto
What if the owner has money left on his mortgage ?
I NEED ADVICE i Ran apon a home owner who has 295k left on his mortgage. House is worth more then that. I wanna make him a cash offer ( I have a hard money lender ). How much should i offer him with the thought of sel...