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Is refinancing creating more debt?
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Just received a message from a WF negotiator saying they no longer accept 3rd party POF letter. They need to see bank statement to show the required POF.
How are you handling this if using flash funding? Are HMLs wil...
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I purchased house #1 for 38k cash in 2011 now worth 110k. House #2 42k cash now worth 100k. House #3 135k 10k down. Now worth 210k. #1 & #2 rwnt 800 Each. #3rents for 1175. I have been looking for bigger better de...
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see article:
http://moneymorning.com/2013/10/30/new-rental-securitization-deal-likely-heralds-double-dip-in-housing/
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When I am listening to the BP podcast I often hear the advice to use your local bank or credit union for great rates. As someone considering long-distance BRRRR are guests typically referring to local banks as the ma...
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I am shopping for a commercial loan for a 6-plex rental property that is located in Houston. I heard that commercial loan has higher closing cost than the residential loan - is that true? Does anyone have any experien...
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Hello,
I’m looking to purchase to a multi family home in NYC/Bronx area. The house itself is a 4 family. The property is going for $770,000. I’m putting 25% down, owner occupied. I just wanted to know if an interest ...
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Hi all,As a remote investor I've decided I do not want to use property management companies. I would rather do one of two scenarios:1. I find the deal and bring half the down payment. A local partner brings the other ...
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Hello, is there a one stop shop for coloring lenders?
Hello dear Biggerpockets community,
I am a newbie here. How much can you save on closing costs if a property purchased through hard cash/private money vs the bank? Many thanks in advance.