I could be wrong and this could also vary from state to state. 

After paying closing costs, title fees, appraisal, origination, underwriting, processing, legal and other fees, the typical refinance costs about 1.75 - 2.5% of the loan amount just in closing costs (obviously before people yell at me, this varies drastically by state, but having done loans all over the country I find this to be a pretty accurate estimate).  2) Keeping the average 2% cost in mind and the fact that people typically refinance when rates drop about .75% - 1% or more, I wanted to see if paying an extra point now when I was already paying all the closing costs to buy the rate down made sense. 1 point can get you between .5% - .625% off the rate depending on the days pricing and the coupon you are pricing. 

And the reasons vary, but probably not an appropriate discussion on BP, lol.

Specifically, I'm interested in:- Effective ways to connect with accredited investors who have an interest in distressed office properties without relying on paid platforms.- Strategies for building relationships with potential investors that lead to long-term partnerships.- Any unique approaches or tips that have helped you stand out and attract capital for projects like ours in the California market.Looking forward to hearing your experiences and advice!

We set up our infrastructure and are very organize and thorough, and through the year we made some significant progress and went on a learning phase to get better each day and closer to our first deal.As foreign investors we have to rely on hard money which gives a less edge, and face uncertainty with contractors not knowing real pricing and such.We are constantly on the look out for new investment opportunities.The problems we are facing right now is not knowing good contractors and the high competition on the MLS.We just started learning more about off market properties and sending direct mail.We would like to hear from your experience what should our next step be as newbie investors, and if there are some foreign investors here with tips.Thank you so much guys, best of luck to all! 

well this is what happens when your trying to wholesale deals and you tell the seller your a cash buyer when your clearly not your relying on someone else.. you create your own stress.

Lending rates are always changing, and taxes may vary year to year, but this is going to be the case with any property you purchase. 

I would be okay on taking the risk if I didn't have others to rely on me. 

Based on my experience here might be why these things happened.Grass - we rely on our landscapers to let us know how the grass is doing, and they are allowed to adjust sprinklers.

Typically, the closer to the school the better, but markets vary.