Back in 1978 when I was starting my real estate investing career I purchased a SFR for $55,000 (its current value) with $5,000 down and the seller carrying a 30 year mortgage at 5% interest.

I am just worried this might be a mistake as it as a high cash flowing property and my mortgage rate is a low 3.125%.

1.7 % of Loan Amount (Points) - $6,035underwriting fees - $1,400Are the above fees reasonable or not for refinancing a mortgage?

We have a balance of 266K on the mortgage @ 3 percent interest.

I have used Hero mortgage for a portfolio of houses in Texas and a STR purchase in FL.  

Is this lender going to sending money back, as second mortgages to ODC/Disrupt deals?

My realtor provided me with three names of folks he has worked with which is helpful.I spoke with the first one (who is a mortgage broker so not tied to one particular bank) and he said I would need to put 25% down on a vacation/2nd home, or at least 20%.

I hope everyone is well, I came here because I need expert advice from you guys, let me tell you my situation: I have a investment property that i purchased 2 years ago and is valued at 65k that does not have any mortgage and that is already paid off, I want to use that property to buy another one for down payment , the question here is: What is the best way to do it. a heloc or a cashout refinance and why. your response will be appreciated :)

Regular mortgage.

They all tell me to got to Legal News because all mortgage related things are posted by them.