Loan Depot is by far the most incompetent lender I have ever dealt with. I started a refinance on Sept 9, 2019 with an appraisal that had been completed on July 2, 2019. The staff said we could use the appraisal bec...

If I were to put 20% down on a property and then refinance shortly after with no significant changes to the home, would I only be costing myself the closing costs of the refinance? I know the BRRRR strategy usually in...

Hi Bigger Pocket Community,I am looking for some input on a deal I am presenting to a potential private money lender. To provide context my partner and I invest in rehab to rent using the BRRR strategy in the South Je...

Hey BP Nation, just want to share a quick story of our latest rental purchase which closed on Friday (July 26):A few months back, we sold one of our rentals in an area that had significantly increased in value but the...

Will a bank fund a downpayment on a seller finance deal?How can I fund this without my own money, or very little?

How much should one expect to pay in closing costs for a typical rental property loan right now. I am looking to borrow $225,000 with a conventional loan. I see these online sites with rates as low as 3.75% APR, bu...

Hello all.  I'm appraising a three flat in chicago with an illegal garden unit.  Owner says an old water bill/document shows 3 units but city says two units.  Any thoughts as to the likelihood of getting the city to c...

Hi guys hoping to get some feedback on an offer from TIAA for a cash out refi on my residence. It looks expensive, especially closing costs. I'm trying to position myself to have as much cash on hand as possible in th...

I have several questions related to paying for inspections when buying large apartments (100+ units)1. ) Where does the money come from to pay for the thousands of dollars these inspections cost? Does it come out of t...

Hi I am interested in finding out all I can about REO's. I live in Maryland and I know rules differ from state to state. I want to know if there is a way to put in a contract with the bank and then flip to end buyer w...