Lenders & Mortgage Brokers Forum | BiggerPockets
Nov 3, 2024 · DSCR loans for $50-$80k purchase price. The BiggerPockets Forums are the most active & comprehensive place for investors to find questions & answers or real estate discussions. Join the conversation today!
Real Estate News & Current Events Forum | BiggerPockets
Nov 6, 2024 · How You Can Scale Your Rental Portfolio Without Losing Track of Your Finances (www.biggerpockets.com) The BiggerPockets Forums are the most active & comprehensive place for investors to find questions & answers or real estate discussions. Join the conversation today!
BiggerNews: What Happens to The Housing Market if Mortgage …
Jun 28, 2024 · And last update here is that as of today, according to Mortgage News Daily, the rate on a 30 year fixed mortgage is just above 7%. Other than those couple updates, the conversation and contents of this episode are just as relevant right now as they were back in April, and they might even be more relevant because interest rates have stayed high ...
Second Mortgage: What It Is & How It Works - BiggerPockets
Piggyback loans, also known as 80-10-10 or 80-15-5 loans, involve taking out a second mortgage alongside your primary mortgage, allowing you to avoid paying private mortgage insurance (PMI). The primary mortgage covers most of the property’s purchase price (typically 80%), while the second mortgage covers a smaller portion (e.g., 10% or 15%).
$6.2 Billion In Potential Savings Slipped Away Last Week—How …
Oct 16, 2024 · According to Zillow’s metrics, even the relatively small fluctuations in rates translate into 275,000 borrowers missing out on potential refinance savings, or ‘‘a total five-year loss of more than $6 billion combined for those homeowners.’’. The often-quoted rule of thumb in the real estate industry is that if mortgage rates drop one ...
Seveney Mortgage Note investments review - BiggerPockets
May 25, 2021 · Seveney Mortgage Note investments review. Asia Jones Poster. New to Real Estate. South TX. Posted over 3 years ago. Has anyone ever used Seveney Mortgage Note Investments before? If so how was your experience? Thank I’m advance for any information you can provide. 1 Vote.
What is a Mortgage Broker? - BiggerPockets
Dec 18, 2023 · A mortgage broker is the middleman between mortgage borrowers and mortgage lenders. They do not use their own capital to originate loans. Instead, a mortgage broker connects lenders with borrowers based on the needs and financial situations of both. They do this by identifying the best mortgage for each unique borrower.
Recasting: Mortgage Hack Your Way to Increase Your Cash Flow
May 9, 2017 · The difference is risk taking. When you recast, you are investing on your asset. Monthly payments will drop and cash flow will increase. You will quickly save more monthly. Putting the money in another fund will not give you more cash flow, will increase your risk ( you dont control your asset).
Has anyone tried out Roam (Assumable mortgage startup)
Oct 4, 2022 · Private Lending & Conventional Mortgage Advice. Has anyone tried out Roam (Assumable mortgage startup) Ali Nichols Poster. Investor. Posted about 1 year ago. Has anyone used or had a conversation with Roam (withroam.com). Interesting concept on the assumable mortgage front. I'd be curious about your experience. 2 Votes.
BiggerNews: 2024 Housing Market Update (Home Prices, …
Aug 9, 2024 · Here is where we currently stand and just for everyone’s information, we are recording this at the end of July, 2024. Dave: Right now the rate on a 30 year fixed rate mortgage is 6.8100000000000005% for the FHA, it’s considerably lower at 6.25%. The median home price right now is up to a whopping 442,000, which is up 4% year over year ...