All Forum Posts by: Chanise P.

@Dawn Brenengen Thank you! I do feel that I could possibly do business with the loan officer or at least move into the next phase but i'm going to find a different realtor. I want/need someone who KNOWS the business better than me. WAY better than me and i'm not getting the vibe or the professional confirmations that this realtor does.

@Jeff Dulla Thanks for the info. I don't think i'm nickel and diming just yet. I'd gotten a closing estimate from my credit union to the tune of 22k on a 275k loan and balked! I'm doing an FHA loan so that i don't have to come 30k out of pocket including dp so a closing fee in the tens of thousands put a sour taste in my mouth.

@Jeff Dulla Ok thanks for the input. Do you think it's better for someone concerned about high closing costs to go thru their financial institution or to get a loan officer? This is the reason that i was looking into loan officers but i'm starting to have second thoughts about that because theres no real way to know how experienced they are...

@Wayne Brooks Thank you. I'm currently setting up meetings with other real estate agents. This realtor is fairly new and now with no references i'm going to steer clear.

Hi All,

So i found a real estate agent and loan officer thru bigger pocket referrals and was ready to meet with them.....until i asked for references AND both hit me with what I feel to be a lame excuse. "I can't give my client's personal info out, but please see the testimonials on *insert social media and business web address here*. Is this normal or is my gut right and should I stop this relationship before it starts?

Thanks for your input!

Hi All,

So i found a real estate agent and loan officer thru bigger pocket referrals and was ready to meet with them.....until i asked for references AND both hit me with what I feel to be a lame excuse. "I can't give my client's personal info out, but please see the testimonials on *insert social media and business web address here*. Is this normal or is my gut right and should I stop this relationship before it starts?

Thanks for your input!

@Account Closed This is a really old post but i'm hoping you'll see the notification. I am a NFCU member and recently went to them for a closing cost estimate on a 275k 4plex. They quoted me at 22k (just for closing, not including dp which i planned to save some capital by taking advantage of an FHA). Did you pay a large amount for closing?

@Naeem Boucher this sounds great! i don't have any advice as i'm currently looking for deal #1 but i saw the location and had to say wassup and congrats! I'm in PA but I hail from Jersey and my mom's church is in Paterson! Keep it up!

Hi All!!

I need a very patient, knowledgeable real estate agent who specializes in FHA and FHA 203k loans. My goal is to purchase a 4plex in the Norristown area to house hack as a way to kick start my real estate investing. Please feel free to comment, PM, refer away!

Thanks!

@Logan Allec Hello! Is it possible to buy another 4unit a year after an FHA loan with conventional financing if you don't want to occupy it? If it's strictly investment will the conventional loan fall under a different guideline or requirement than the standard 20% down? This falls in line with my plan after i close on my 4 unit this year. I'd love to purchase another 4 unit in 2019!

@Sung Park I'm not sure if that was included in the price quote. I will take another look. Thanks!

@Travis Wylie Thanks. I've heard of sellers assist and will also attempt this strategy!

@Russell Brazil  Thanks for that trick! I will look into a way to do this on my deal!