Harry Lin
Buying to buy a new unfinished new construction - any advice?
Hi All--
I saw a property listed for $500K with an AVR of ~800K. The owner started the construction in 2016 and have had issues with multiple contractors, and had enough at this point. Owner just want to sell it.I ...
John Underwood
Mortgage broker for jumbo loan over 1 million
Did the rules recently change on jumbo loans?Looking for a lender on a PF area cabin in the 1.7M range.Anyone you can recommend?Thanks!
Brian Choi
Investment property mortgage rates
I’m currently rate shopping for the new construction that will be closed in 10 months in Florida.
I’m getting 4.5% rate from the preferred lenders. However, I get ~3.5% from other lenders. The problem is other lende...
Manraj Singh
2B 2Ba Condo primary residence
Investment Info:
Condo other investment.
Purchase price: $385,000
Cash invested: $20,000
Bought a primary residence and updated the kitchen , flooring, HVAC and WH.
Rented out after living in it for...
Mackenzie Grate
First Rental Ever: Single family home
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $101,000
Cash invested: $11,000
Minor rehab (paint) , rented out quickly.
Eventually I refinished the attic but I ...
Daniel Hillman
Colorado Springs House Hack
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $440,000
Cash invested: $30,000
Single-family house hack. We were able to split into two fully separated units. We ...
Allen Jackson
Ins and Outs of FHA loans
I am current college student and I am looking to move into a duplex once I graduate. I am looking to finance it with an FHA loan. I am aware that I can get a loan for 3.5%. Can anyone give me a little more information...
Patrick Sanders
Refinancing for a rental
So I bought my first house in June using a private money lender ive been making interest only payments. I am finished with the rehab and wasnt sure if I wanted to sell or refinance and rent. Problem is I have had gaps...
Shawn Gardner
In need of help!
Good morning BP!! I really want to get started in the biz but I'm having one issue. I have my HML set up but I don't have an exit strategy. I went through a divorce and my credit took a substantial hit, so convention...
Samantha Klein
BRRRR Question
My contractor recently told me his parents filed bankruptcy and his dad owned a duplex in a nearby town, he said the trustee did not want the property and was trying to give it back to his dad, it has 30k lien on it f...