Bill F.
Forgivable Loan for First Time From Employer
Looking for the loan experts on BP to answer a mortgage question. The company my wife works for has a program where they give first time home buyers money toward their down payment in the form of a forgivable loan. Th...
Luis Lozada
Using my equity
im new to rental property investment.. we own our home with approx. 65,000 in equity and would like to use some of it to buy our first rental property here in the states ( we have on STR in Dominican Republic). How do...
Daniel Fudge
Success leveraging equity in home for down payment?
Hi BiggerPockets Team,I am moving out of state soon to take a new job, and would like to transition my current residence to be a rental. Would also like to use the equity in my current residence as a down payment for ...
Lauren Reid
First buy, 8acres of commercial land with 3 units.
Hello! I’m looking at almost 9acres of commercial/industrial (no additional residential allowed to be built) w/ 2 residential units on the land currently. 1 is an old Stone house renovated into a top and bottom duplex...
Greg P.
Beginner title research q's / 2nd? position court steps auction
This may be a long post so please bear with me and ask questions if needed to clarify anything I have not explained clearly. I want to hopefully cover everything.
Property in WA state.
According to ...
Cam Jimmy
Which type of loan makes the most sense to a buy & hold investor
Example... Which would you (you meaning real estate investors out there) prefer,1) 15 year loan @ X% that yields a $200 a month positive monthly income on a 4-plex, or2) 30 year loan @ X+% that yields a $900 a month p...
Scott Doyen
Partnership & 10 Mortgage Limit
Hello,I have a partnership 50/50 with someone and had a few questions:1) Since both of our names are on mortgage & title, does this count towards each of our 10 Fannie Mae / Freddie Mac loans? In other words - whe...
N/A N/A
estimate equity
any suggestions as to estimate the equity in a home? for instance suppose i find a pre-foreclosure and i know the amount of the mortgage and the date it was issued and i want to estimate how much equity is in the home...
Jim Criscuolo
Need help with verbiage regarding points in a promissory note
I am constructing my first lending deal with points. I am trying to modify my promissory note to include the payment of two points. Does anyone have the legalese that I need to add regarding points? Thanks in advan...
Rosie Small
Secondary market volatility ....No funds, delays , just alarming!
I want to share with the BP COMMUNITY my alarming experience today, it never happened to me before .After 2 EXTENSIONS on the closing date, because the mortgage broker ( bridge loan ) keep asking for more and more pi...