All Forum Posts by: Joe Jensen
Joe Jensen has started 4 posts and replied 7 times.
Post: Has anyone used Bluprint Home Loans?
- Investor
- St. George, UT
- Posts 7
- Votes 1
Yes they’re awesome. Can’t go wrong.
Quote from @Jason Anderson:
I am just getting started in my real estate investment journey. I search for lenders in bigger pockets through bigger pockets. I found Bluprint Home Loans. I would like to know if anyone has use them and if so, what was your experience like? Thank you in advance.
Post: Bluprint Home Loans
- Investor
- St. George, UT
- Posts 7
- Votes 1
yeah I work with them. Super knowledgeable and can do a variety of stuff. I recommend.
Quote from @Dick O'Hare:
Hey, guys...
Does anyone have any experience working with Bluprint Home Loans? I met them at an STR Conference last year. Any feedback is welcome. Thanks!
Post: Partnership Agreement templates
- Investor
- St. George, UT
- Posts 7
- Votes 1
Does anyone have some partnership agreement i could look at? i'd like to see how the forms are done and how the deals are structured.
josephfjensen @ gmail . com
Thanks
Post: Refinance question -
- Investor
- St. George, UT
- Posts 7
- Votes 1
@Andrew Postell you have any lenders in mind. the plan is to buy cash and then so delayed financing. purchase price and repair costs is still a lot less than the ARV or appraisal.
Post: Brrrr cash out waiting period
- Investor
- St. George, UT
- Posts 7
- Votes 1
the lenders i'm talking to are sayin that they'll cash out on the appraisal or purchase price whichever is lower. This doesn't work, how do i get them to lend on just the appraisal price after repairs without having to wait 6-12 months
Post: Refinance question -
- Investor
- St. George, UT
- Posts 7
- Votes 1
So when you do the refinance part of the BRRRR do you typically have to wait 6 months to do the cash out refinance?
i know theres such thing as delayed financing, do people use that?
whats the best route for refinancing ?
Post: refinance or not?
- Investor
- St. George, UT
- Posts 7
- Votes 1
right now i have a private loan (owner financing) for a condo in St. George Utah.
I owe 19k on the property and my interest rate is 4.8%
If i go get a loan through my credit union i can probably get a 3.8% and my private lender said he'd give me an early payoff discount of $3,500. So i'd only be financing 15,500 through my credit union.
I'm already 4 years into the 10 year loan with the private lender.
is it a good idea to refinance through an institution and take the lower principal and lower interest rate?
or should i keep the loan i have?
If you think i should refi what kind of loan should i get? a 30 yr? 20 yr? 10 yr?