Bankers, Lenders, and Mortgage Brokers
17K Posts | 2.6K Discussions
Property manager in Southern NH
Hello fellow investors 👋🏾I am hoping to connect with a property manager in the southern NH area. I have been browsing the site/forums without yielding many results. Any recommendations would be appreciated. Thanks 🙏🏾
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New Mortgage Loan Originator Commission Split
I’m a newly licensed MLO and I’m curious to see what percentage is a fair commission split with a mortgage broker. I live in Los Angeles and I want to make sure I agree to a fair split. Also if anyone has any tips to... View more
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Loan Officer Questions
Anyone a Loan Officer or Mortgage Broker? I just started my classes on CompuCram, but it feels like it just through me in the pit.... Where or how could I get a better understanding or can someone help as far as how to... View more
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Best banks for real estate investors
Hi guys! I’m super new here, never owned a home. I’m a fireman in the San Antonio area. My dream is to become a successful real estate investor and as they say, gotta start somewhere. I wanted to reach out to this... View more
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Best owner-occupied loans for a rent by the room House Hack?
I am a first-time investor who is in his teens and am trying to get my first real estate deal through a condo that I will house hack with friends while I complete my college education. I am aware of FHA, Homeready, and... View more
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Getting approved for a loan with low income
I am trying to get approved for a $250,000 loan but only make $25,000 a year, what would be the best type of lender to go through.
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Flipper stopped making payment
Loan term was up. flipper says he's going to wholesale it short and that I should be happy to get something. Thoughts... Foreclose?
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Question About Non-Occupying Co-signer on Mortgage Loans
I was told by a broker that a non-occupying cosigner does not qualify for the 3.5% down payment but instead has to put 25% down for FHA loan. I was told by another broker that it should be no problem, that they had... View more
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Need Multi-Family Cash-Out Refinance Lender
I've worked with a couple different lenders in the past and found that combination of multi-family and cash-out tends to be tricky. Some lenders don't do it at all, others require lower LTV for multi-family (even as... View more
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Investor friendly MLO
Hi, I live in Charlotte, NC. Looking for an investor friendly MLO in the area. Thanks for your recommendations!
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Existing Lease Lender Question
I am currently trying to Refi a BRRRR property and I have one last hurdle to clear. The lender is asking for proof that the leases for a duplex that I recently purchased transfer to me. I am in Michigan. I can't seem... View more
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First time homebuyer with 760 credit score and first job
I am a recent grad who just landed my first job (65K a year) and have 760 credit score on average but started to have a 780 credit score recently and plan to keep increasing it. I have good money saving habits as well.... View more
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Marketing & Help not Selling
Ok. Listen I am on here to learn for my boyfriend and I how the market us doing from single family housing to our own flipping purposes. Then on my own, I am a digital marketing consultant, so I find it heart breaking... View more
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How to verify proof of funds letter
First time poster! Hello!I am a new RE agent. I have received a proof of funds letter from a client and am unsure of how to verify it. Any assistance would be greatly appreciated!Jake Kantor
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US Expat in South Korea Receiving Mortgage Loan in the USA
Hi All, I am currently looking into investing in property back home in the USA. I'm originally from California, but I work in Seoul, South Korea.  I am currently looking into how to get preapproved for a mortgage. Has... View more
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Residential Capital Partners
Does anyone have any experience or knowledge of the company Residential Capital Partners? Thanks!
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FHA on multi family
Is it possible to do a fha on a multipleFinally? Specifically a duplex orTriplex?
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Converntional funding as an LLC
Working through my NC real estate broker prelicense course and am hearing about how certain stipulations are placed on lending to corporations relative to an individual.Does anyone have issues obtaining a traditional... View more
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Can someone explain hard money vs private? In PLAIN English
I still don’t get it and would love a simple plain English explanation.   Thank You!
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FHA 203k Consultant
I am in the process of making my first purchase in Chicago. I am currently researching and screening FHA 203(k) consultants. Can anyone make any recommendations of good consultants that they have worked with or... View more
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Impact of multiple deals on credit score
I am in the process of doing a cash-out on a rental property while also looking to buy a new home.  Last month I refinanced my primary residence.  Before I submit applications and give permission to pull my credit... View more
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US entity structure when investing from Canada suggestions
Hello BP Forums. I am a new investor and WILL get started investing in US real estate from Canada in February. I have almost everything lined up, a couple agents, a property management company, lender (just one so far,... View more
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Hudson Valley, NY Investment Property HELOC
Is there a such thing as getting a 90-95% or any type of HELOC on an investment property in the NY Hudson Valley?
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Newbie Questions: Tax assessments
Just getting into the world of rei and have a ton of questions. One of them being what exactly are tax assessments and what do they tell me as a buyer?
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Where to start with the Refinancing Process?
Hello BP. We, like everyone, are bombarded with the news that now is one of the historically best times to refinance. Given that there are so many lenders that refinance, I wanted to see what tips BP real estate... View more
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