Yogesh Bhadane
Big hit for investment mortgages
I am seeing significant increase in investment loan interest rates due to recent announcement from Fannie Mae.They are limiting investment loans intake and Lenders are asking significant down payment like 25% with 4.6...
Christopher Davis
Side job w/ investing?
Good afternoon BP! So I finally made my first cash offer on a condo in Scottsdale! It was rejected in the highest manner possible as I received a letter from the agent telling me it was too low to even counter!!! :) G...
Peter Halliday
Selling Land Contract Note
My mom sold her home in upstate NY after my dad died in 2010 by Land Contract. After the housing crash she was upside down and couldn't sell. We did a wrap around Land Contract to someone that's been there since at 9....
Jordan Moorhead
Section 8 Minneapolis
Anyone have experience renting to section 8 tenants in Minneapolis? From what I'm finding that's going to be the best way to cashflow in this market.
Lorraine G.
Creative Financing: Is there hope with a 430 credit score?
Hey BP! I am new here and loving all the wonderful information. I am struggling to figure out if creative financing could be an option for me to fund my first investment. I currently have a 430 credit score and studen...
Joe Gravelle
how to find the best tenants
So I'm closing on my fist investment property later this month. With the excitement of getting my first place comes the responsibility of finding good tenants. I'm curious what the BP community thinks about two questi...
AJ Wong
Why large Investment Property HELOC's are hard to qualify for and what to do instead
We've seen tremendous interest from investors seeking larger balance investment property HELOC's or home equity lines of credit. Understandably, investors are looking to tap or access increasing equity positions, many...
Steve K.
Anyone Else Fed Up With Loan Servicing Companies?
There must be a lot of trading going on in the secondary mortgage markets, because so many of our loans have changed hands recently and it has been super annoying. For example one of them has switched several times ju...
Duncan Pratt
Can meeting with multiple mortgage brokers affect your credit?
Hello, fellow BiggerPockets investors!I am helping my brother find his second rental property. We are both in the beginning stages of our real estate investing careers and educating ourselves daily to be informed and...
Joanne Gonzalez
Refi or keep current
I bought my primary June of last year. Showed in my credit and it was $169,750 loan, 5.4 APR, $1,139 monthly payment. Due to some circumstances I had to refinance and because I was renting it out I had to refinance in...