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Cash-out refinance on my investment property out of state...Bank 1 - $150,000 30 Year 4.85% (4.97% APR) $4,000 Closing Costs $46,000 Cash in my pocket after refinance"Big Bank"- Horrible communication- Closing set for...
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Hey BP family, I was sitting here reflecting on my 2 year REI journey and wanted to share a few thoughts. As I've learned more and more about real estate I'm really starting to appreciate the different exit strategies...
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Question: Is there purpose to showing bank or lender loyalty when obtaining additional loans?I know from the Podcasts and reading these forums that some people enjoy having a relationship with their lender. My thoug...
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We started our LLC partnership back in 2-20 and have had trouble obtaining a conventional loan for our flips with an LLC. Have any investors here ever obtained a conventional with an LLC. Guidance and suggestions will...
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Help! We are currently under contract for our first BRRR property. We recently established our first LLC to start putting our rentals into (we currently have two other SFR) but lenders don't seem to like the idea of l...
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Hello, we have a rental house in CA that is completely paid off and we are seriously considering selling it to buy a beach house in Puerto Rico. My husband surfs and my family lives in FL. It seems tricky to time it ...
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I'm sure some of the BP veterans here have some great stories to share.
I'll share some creative paper deals in a bit.
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Hi folks,
My wife and I have a construction to permanent mortgage loan on land+home where we intended to build.
Unfortunately, we found out that unexpected foundation work due to soft soil would likely make the proj...
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I'm starting out and thinking about sending out postcard, but it's not done yet and would like you guys thought about it. I also have someone that would pass it out when he does his new paper delivery...
Here is a nice article for newbie investors to read and understand about the REALITY of NPN loan sale pricing. The idea that loans trade for massively steep discounts is not completely true. To be clear, these ar...