The 3rd was with a different bank (Grand Bank/ICON) and the fee's were higher and appraisal was required but it too was fairly smooth.

Some times they want a couple grand to send u a bag of silver since its hard for them to split bags into small amounts + they like bigger purchases.

But I wouldn't go plunk down the $20 grand as a lump sum either-- gonna make the bank ask where you got it and that might lead to questions you don't want to answer-- again make sure you are not paying a prepayment penalty.I would advise against the 2 year balloon.

If the target tenant for these properties were people making 60 or 70 grand a year, I would agree completely because those jobs just don't exist in N.A.

One friend paid 5, 000 for a RichDad Coaching, what a waste.I have many times wished I had hooked up with someone successful locally, and paid them five or ten grand, or worked for free to learn the ropes, instead of spending it on the boot camps learning a few things I needed mixed in with days of stuff I was not interested in and afterwords being all excited to push projects and having nobody to ask when I ran into problems.

I leave a few grand in that account for emergencies.

But from what I came up with, a cash-out refi has a few grand in costs.

314 Cherry St Southeast Grand Rapids, MI 49503Can't afford it but it looked good to me, even with the owners optimistic rental forecast.

A good grand is my guess.The stone should/could be salvaged if it's nice, see if a stone place will buy it, it by the ton, not knowing how big the area is probably a couple tons.

If you have had the properties for 10 years and they're kicking off a ton of cash flow and you have a couple hundred grand in the bank, then it might make sense.To me, I want to keep every single penny I can for two reasons.