Lesley Resnick
Are any banks still writing loans?
The lenders I have spoken with all have limited offerings and the pricing is way up.
The lender I generally work with just:
Raised rates 1.5% and 4k processing fee up from 400.
Chris Drury
Help moving purchase to LLC via land trust,ect.
My business partner and I have purchased an investment home that recently went to closing. We did not title it in the name of our LLC due to complications with financing, so it's titled in my name with converntion...
Sandrine Rangeon
Hard money in Texas - let's compare!
Hi, I'm new to the world of hard money, and I feel like the offers I'm getting aren't that great at all.What kind of interest rate and points are you all getting?This is for an investment property in Austin, TX, free ...
Jeff L.
Stuck at 10 Loan Limit! Seeking lender/financing to move past it!
Hi BP,I'm a real estate investor from Southern California who buys single-family houses in Indianapolis.As you may know, Fannie Mae doesn't allow me to get any more conventional mortgages after 10.I'm closing on my 10...
Han Oo
Refinancing to conentional loan with BRRRR
Hi BP members,I have this refinancing part question.I buy the house with hard money loan with cash then rehab, rent and refinance with conventional to pay back my hard money lender. So, currently, hard money lenders o...
Zachary Stein
Weirdest thing I have heard
HELLO BP!My girlfriend Kay (her mom is cosigning instead of her) and I are supposed to be a few days away from closing and the mortgage lender comes and says this. Because her mother is not blood related with me, eit...
JC Espinoza
Is a 3 year Ballon to short?
Currently looking at a 4 unit property, with one of the units is unfinished. It’s not in my area but back in my hometown where my dad lives (very handy man) and would be able to finish the unfinished unit. with the 4 ...
Franky Juwana
School me on Mortgage Lending
I have a dilemma and need y'all experts opinion. I currently living in an 1br apartment which costs me $1390/month. I'm buying a 4br 1 1/2 bath single family home which now waiting for closing for $294.000 which PITI ...
Leonid Sapronov
Buying investment property in future tenant's name
First of all, let me say that I'm just starting out in this investment game, so some of my ideas may be a little "out there" - I'm just trying to be creative. :-)
A little background: my goal is to purchase my first ...
Fred Shandler
Please guide my through this hypothetical process
1. Borrow a line of credit to have cash buying power
2. Purchase prop.
3. Refi conventionally. (This is where my questions come)
a. Is this technically even considered refinancing, or is just considered mortga...