All Forum Posts by: Renee Huffaker

Thanks!!  @Brent McKee, we have been in Bixby since 2006.  We must have just missed each other!  :)  Would love to connect with you.  My husband and I actually own some properties not too far from Sand Springs.  We can give you some tips on good neighborhoods to check out.  Thanks for the welcome!

I suggest starting with your local bank.  Here are a couple of reasons:

• Your local bank will likely offer a wider product selection than a mortgage broker.  Mortgage brokers typically only offer loans that conform to secondary market standards.  Conversely, your local bank may offer you the same types of secondary market products, but will also have an array of in-house products that can provide a wider range of flexibility on both terms and pricing.
• Fees will often be higher with mortgage brokers.  Mortgage brokers have to get paid.  Most get paid by the lender who originates the loan; however, you can be assured the cost of that fee will be built-in to the price you pay either in a slightly higher interest cost or some type of origination fee.
• Other items to consider:  There is no downside to shopping around with multiple lenders.  It won't hurt your credit score (as long as you shop within a 30 day time period) and you can typically save a lot of money by spending some time comparing costs between more than one lender.

Hope this helps!

Hi everyone,

My husband and I are long-time investors from Tulsa, OK.  We started investing in 2001 when we lived in Oklahoma City.  Over time, we have slowly transitioned our properties from Oklahoma City to Tulsa. 

We have used our investing as a tool to fund college savings for our three kids.  We primarily focus on buy and hold single-family rentals, but we are also experienced in flips. 

We rehab and property manage almost exclusively on a DIY basis.  We love foreclosures and bank owned properties.  We hate condos or anything with HOAs. 

Our favorite investing buddy is our 4-yr old toy Australian Shepherd - Sam. 

Looking forward to participating in the forums!

We had a very similar situation a couple of years ago on a flip.  The buyer kept asking and asking for additional items right up to the closing table.  I actually walked out of closing, got in the car, and started to bust the contract UNTIL my husband talked some sense in to me and got me back to the table.  Now that some time has passed, I have no regrets to accommodating the request and closing the sale.  It saved us time and money in the long run. 

I know it is aggravating, but I would find a way to make it happen.