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I have found that appraisers often provide two different values: one for refinancing, which tends to be the minimum necessary, and one for purchasing, which is typically tied to the sales price. When conducting a refi...
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Do Buyers Agents intuitively know when a property is priced to generate interest and the price is not even close to what the seller is looking for? My last property, I listed it at $299,990 and did not look at any off...
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I'm closing on my first property at the end of the week. Needed help on my next financial decision.My car loan payoff is currently ~$7200 at a 7.09% apr ($179/month). The loan payoff date will be 05/2024, assuming I s...
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Hey everyone,I put in an offer on a local home through Auction.com, a real estate bidding website. The home is an REO property and all boarded up. I'm confident with my #s and will most likely come out profitable. Tho...
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Hey Everyone,
I am new to game and looking to purchase my first house this year. My question pertains to the closing costs associated in New York, specifically NYC.
I've been speaking with a few lenders...
I'm under contract for a SFH in Indiana and the inspection uncovered some fairly serious foundation problems. Basically a previous owner dug out the basement below the foundation footer and this has caused one of the ...
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Hello,I'm curious what closing costs and fees were tied into all of your recent cash out rental property refinances....and with what bank/lender you refinanced with?I am planning a cash-out refinance on my rental prop...
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Hey BP,I wanted to start acquiring REOs to wholesale. Does Anybody have any advice for me dealing with REOs?I am new to this and I am all ears. Thanks in advance for the advice!I already have an attorney that does dry...
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Hi There,I picked up a Triplex that is currently vacant and require some work. it has a great value add opportunity and in good location. My aim is to have conventional, 30 years fix loan.I would like to purchase the ...
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Hi BP Family,
So we're looking to buy our first out of state investment property in Indianapolis for 150k! Question is, going through a mortgage, they're claiming it is 3.5% with 2 points ($2,400) or 5%. Just asked a...