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Hey BP community. Thank you guys so much for sharing your experiences with me. I've learned a ton of information over the past month or two here. I wonder if you guys can shed some light on this particular situatio...
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Preface: Fairly new to all this.I have the opportunity to buy a two unit property, where we currently live in both units, from my brother. I intend to purchase the property, live in one side and rent the other when he...
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It looks like I will hit my 10 loan limit in the next few months with 3 new deals I just started.My initial plan was to pay off my smallest mortgage 70K by doing some equity stripping/refinance of 2 other investment p...
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Would you sell or keep or refinance the property? Home is worth around 95,000 and its a single twin and real estate has been pretty hot for sellers. I owe nothing and really could use the money to pay down my primary ...
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Currently finishing up a rental and debating what to do about the mortgage. mortgage was 100k and 83k owed still.
It is currently a FHA 30 year at 3.625 with pmi forever(I believe) that has 7 years paid already. The...
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Property listed for $350KOwner has $180K left on mortgage and noted if I can get him the $180K, he could seller-finance another $120K (Total property cost would be $300K)Is this legal? I spoke with a mortgage lender ...
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Somewhat unusual situation: we are in escrow on a property, and the current lender was going to underwrite the new loan. Due to complications in due diligence (seller financials), the only way that it makes sense for ...
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Hi Everyone,
I am a new investor looking to make my first two purchases within the next year. I have 15k saved up now and I also have access to the VA loan. My wife and I are looking to invest in the Columbia, SC are...
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Hi, was wondering if anyone has done a cash out refinance with a va loan? And will I be obligated to stay there? My loan officer told me that if I'm occupying the property at the time of the refinance than it will not...
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Hi!,Most of HML doesn't have prepayment penalty , does that mean i can refinance to a traditional loan after all repairs are done ? ( within few months or so) .Would love to hear your opinions . Thank you so much