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16 September 2024 | 11 replies
Scenario 1: 5/1 ARMRate: 5.675%Monthly Payment: $5100Prepayment Penalty: 3/2/1Closing Cost: Broker Fees: $11,016 (1.25%)Lender Fees: ~$2,000Loan Fees: $600Plus standard title and other feesScenario 2: 30 year fixedRate: 7.375%Monthly Payment: $6086Prepayment Penalty: 5/4/3/2/1Closing Cost: Broker Fees: $11,016 (1.25%)Lender Fees: ~$2,000Loan Fees: $0Plus standard title and other fees5/1 ARM looks attractive but not sure if that's what other people opt for that for a STR property?
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14 September 2024 | 5 replies
In public records was it ever assigned or were you ever notified of a transferOnce you find the lender I would reach out to them directlyI would also get an attorney involved in the state and potentially seek legal action and see if there are also trebled damages as well.Was the loan already paid off?
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18 September 2024 | 47 replies
If this happens, the attorney will probably seek thousands of dollars in attorney's fees and costs, far greater than the security deposit.This is incredibly frustrating since this attorney filed many of these type of cases against landlords throughout Florida!!!
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19 September 2024 | 14 replies
You may want to consider seeking a property manager and legal assistance.
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17 September 2024 | 4 replies
Hello,I am a new real estate investor based in Troy, Michigan, actively seeking potential cash buyers and seasoned wholesalers in the Metropolitan Area.
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21 September 2024 | 53 replies
Since I haven't secured accommodation yet, I'm seeking another female attendee to share a room with.
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15 September 2024 | 22 replies
Yes, most definitely at that credit score depending on the prepayment penalty you want and even at 20% down I can secure you financing anywhere in the 6's.
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20 September 2024 | 23 replies
This is doing you no favors, and an absolute wrong way to approach it.Get an idea of what you're seeking, then research those cities yourself.
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17 September 2024 | 8 replies
We are cash poor and cannot afford much good land outright, but could seek spec loans if needed.