Kunle Olaitan
Origination charges on $355,000 Refinance loan amount
16 December 2024 | 3 replies
1.7 % of Loan Amount (Points) - $6,035underwriting fees - $1,400Are the above fees reasonable or not for refinancing a mortgage?
Anil Shah
Using Agent Commission towards down payment for my own Investment Property
24 January 2025 | 10 replies
That would have been known up front if that was the original loan product being used.
Mickey Petersen
Socal Multifamily Flip
15 January 2025 | 11 replies
All original tenants were long term low rent tenants.
Melody R.
Thoughts about the virtual CPA firm The Real Estate CPA?
16 January 2025 | 18 replies
Originally posted by @Brett Cox:I filled out the form to inquire about their services and it mentioned a 15-30 minute consultation.
Mike Nelson
Short Term Rental-Famous person previous owner
30 January 2025 | 10 replies
Hey @Mike Nelson, never assume anything about STR rules and regs.Here is the STR rules for Oak Park - https://codelibrary.amlegal.com/codes/oakparkil/latest/oakpa...I would call the city and make sure it is legal for a specific property.Now regarding the famous person angle, sure it can add value to the property or as a STR, but for STR use, I would think you would need it to be in original condition with a lot of the furniture and knick-knacks that were owned by the famous person along with a bunch of photos etc featuring the famous person.If you buy a place that has been totally redone but was owned by someone famous but has no features or things that were theirs, then I don't see it being a draw.
David Overcash
Retired Navy, New investor looking to buy first Property in 2025
29 January 2025 | 17 replies
Originally from Pennsylvania, retired from the Navy in 2018, moved to Boise, ID (where I am now), and decided I want to buy my first investment property this year.
Darien Hernandez
Private Lenders: What Returns Do You Expect on 1st Lien Owner-Financed Deals?
16 January 2025 | 5 replies
✅ Typical origination fees?
Caryn Fischer
Tax question with selling a house
22 January 2025 | 4 replies
If you sell your property, the tax basis (original cost) of the property for the giver becomes the tax basis for the recipient.
Chris Seveney
Getting A Deed In Lieu at closing to store away
29 January 2025 | 21 replies
Unlike a foreclosure, a deed in lieu of foreclosure does not extinguish any of the liens and encumbrances affecting the property.Most courts recognize the execution of a deed in lieu of foreclosure in a transaction subsequent to the original mortgage transaction as a legitimate alternative to foreclosure proceedings.
Lutfiya Mosley
The Multifamily Mindset program. Biggest regret of so many people. Is it a scam?
24 January 2025 | 35 replies
In the original webinars for this fund, they told them they would return all capital in three years.