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Updated almost 2 years ago on . Most recent reply
Need help analyzing my 1st deal
Hello Bigger Pockets,
We are working with a lender on the below terms and Im unsure if I filled out this report correctly.
10.9% / Origination Fee: 2-3 points ($2500 min) /
Doc Fee: $1495 /
Loan to Costs (purchase + rehab): 85- 90% LTC /
Loan to Value: 70% LTV /
Loan Term: 6-12 months /
All we charge is points, interest and doc fee to close.
Any help or insight would be greatly appreciated.
*This link comes directly from our calculators, based on information input by the member who posted.