Craig Fitzsimmons
Weighing Out Options - 15% or 20% Down
I've found a lender that is offering the same rates for 15% down or 20% down. At 15% down, we have to pay PMI and the monthly cash flow takes a hit. The COCR improves, but I am curious what everyone thinks. Is it ...
Jorge Leon
Advice for new loan processor job
Correction, the job is for loan originator and not loan processor, I just got approved for a job as a loan processor. I don't have a license but I will be studying and taking the NMLS test soon. I sell off market prop...
Michael Storch
New Member Intro - Madison, WI
Hello BP,My name is Michael. I have recently finished reading The Book on Rental Property Investing by Brandon Turner. I am intrigued to continue educating myself in REI and hope this forum brings insight to help mini...
Brandon McMullin
My first Fix and Flip: need help funding
I Have struck a deal with a sweet old lady who's house is paid off, I believe the ARV is around 170-180k.I would be purchasing the property for 100k, and there is about 10k of repairs needed ( I brought a very experie...
Alina Vengerov
Professional Mortgage Loans for Attorneys
Does anyone know of a bank that offers professional mortgages for attorneys in NY for multi family properties? I know BBVA and Fairway does them but they don’t service NY. Flagstar bank has them in NY but only for SFR...
Logan Koch
Opinions/Advice on Backup Financing options
Hi everyone,I have a current scenario i'd like to get feedback for, if you wouldn't mind.So currently we are under contract on a 4-unit property we are waiting on underwriting to either approve or deny the conventiona...
Andrew Frishman
Does anyone have any experience https://homevestorsfranchise.com?
Anyone have any experience as an investor, or owning a franchise with :https://homevestorsfranchise.com/ ?They keep reaching out to me regarding my current SFR...Just curious if any BPr's have any feedback?Thanks,Andr...
Alexander Gebremedhin
What if the seller and the investor I’m trying to sell met?
Hey fellas, I’m basically new to the real estate wholesaling world and I’m on the way tryIng to wholesale my very first deal. So, my question is, what could happen if the investor I’m trying to sell want to see the ho...
Jonathan Makovsky
Avoid PG's (Personal Guarantees) for Limited Partners
We are hoping to close a small commercial loan ~ $400K with limited [equity] partners in the deal. A number of banks we spoke with want all members with more than 25% interest in the property to hold PG's (Personally ...
Roderick Lovo
Help answer a unrestful mind!!!
Okay hi, i recently (about a week ago) joined and i have a curious question that keeps rolling in my mind. When you are interested on a house to flip how do you secure the deal. What i really mean how do you get t...