Hi all!I'm a new investor, I have done a ton of research and starting to look into deals at the moment and finally feel like I am ready to dip my feet in. I am primarily looking in the Cleveland, Canton, Akron, etc Oh...
Hi there,I'm searching for my first out-of-state buy-and-hold investment property and after speaking to several lenders and realtors, I'm hearing different things that I hope to get some clarification on:1. To qualify...
After resigning from my job of 11 years, I decided to start travel nursing, while it is a transition to working more independent and for my self, Im finding it hard to find a lender who is willing to lend to me on var...
Why do the interest rates charged on hard money loans vary so greatly from one State to another? Borrowers ask me this question all the time. For example, in California rates charged on hard money loans start as low a...
Why do the interest rates charged on hard money loans vary so greatly from one State to another? Borrowers ask me this question all the time. For example, in California rates charged on hard money loans start as low ...
When looking to get pre-approved to buy a property, do you have to clarify with the lender is the property is an investment property or a primary residence. I know conventional loans have more favorable rates, I am ju...
Hello Bigger Pockets Supporters,
I'm in some need of financial advice. I'll attempt to be brief since there's a lot of info to provide. I recently received a loan (30 year, 3.5% for $235k cash out refi tied to a prop...
Hello all, I am trying to avoid refinancing a rental property because my interest rate on it is 3.2%. I just discovered a business loan through fund&grow that offers a zero percent interest rate for 12-16 months. ...
What are rates looking like for a typically hard money loan today? 10-15% ???? How many points are they usually charging too? When I underwrite properties I have been assuming they are charging 15% for the hard mone...
Hello Folks
I may need DSCR loan for a new construction with the DSCR being under 1. Whats the ongoing rate with this scenario and fees?