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Results (10,000+)
Fendy Jn pierre Help making sense of estimate
1 August 2024 | 5 replies
Lender Fees $1,640.00Discount Points $4,680.00Appraisal Fees $825.00Credit Report Fee $25.00Tax Service $68.00Credit Technology and Verification Fee $75.00Title Fees $836.50Owner's Title Insurance $513.00Lender's Title Insurance $2,507.00Transfer Taxes $9,626.00Recording Fees $519.50Total Closing Costs $21,315.00Prepaid Interest 2 days @ $87.53 /day $175.061 year Insurance Premium $1,500.00Property Taxes $3,632.04Insurance Escrow Reserves 2 months @ $125.00 /month $250.00Tax Escrow Reserves 2 months @ $302.67 /month $605.34Total Loan Prepaids $6,162.44Down Payment $90,000.00Total Estimated Due at Closing $117,477.44Loan ProgramPurchase Price $450,000.00Total Loan Amount $360,000.00Interest Rate 8.875%APR 8.337%Product Indigo Edge NonQM 30 Yr FixedYour Monthly housing breakdownPrincipal & Interest: $2,864.32Insurance: $125.00Taxes: $302.67TOTAL $3,291.99
Adrian Roytberg Breaking into the STR Space
1 August 2024 | 9 replies
I am turning 18 in less than 3 weeks and can say I have been a business owner throughout my high school journey, from small local hustles to building products in my basement to sell online.I am an aspiring Real Estate investor reading many books and conducting hours of research hoping to build an impressive real estate portfolio in the future!
Travis Wiggins Basic Interior Rehab Estimate, Oregon
1 August 2024 | 4 replies
Travis I'm a handyman in Orgeron and I would say you are looking at 25k to 30k as a guide line .Depending on the quality of products you choose, don't cheap on flooring or anything that is done in the wall.Provide refrigerator and stove only un less you go with over the stove microwave. 
Jorge Abreu 👍 Learning from Mistakes: The Importance of Due Diligence
31 July 2024 | 6 replies
Physical property inspection, on the other hand, includes checking out the property's state, walking through each unit, and figuring out what repairs or renovations need to be done.It's smart to get professional help to make sure that the assessments you make during due research are correct.
Chris Seveney My Top 5 - 2024 Predictions in Mortgage Note / Lending Space
2 August 2024 | 53 replies
New unit construction cost's are at/near all time record highs in terms of production costs (labor, material, regulations, tax's etc.).
James Hughes Hello BiggerPockets! New PRO here
29 July 2024 | 3 replies
I'm particularly passionate about getting started in mid-term rentals in the Northern Virginia area.Outside of real estate, I enjoy any type of outdoor activity and physical exercise.Excited to learn and connect with you all!
Michael Hoover My first 18 loans on 5-year balloon. Is this bad and how should I pivot?
1 August 2024 | 2 replies
There are 30 year fixed DSCR loan products which gives more flexibility and piece of mind then a 5 year balloon payment.
Mike Dawson Beneficial Owner Information Reports. Company applicant???
30 July 2024 | 11 replies
This individual would have actually physically or electronically filed the document with the secretary of state or similar office.Company Applicant Category 2: Directs or controls the filing actionThe other possible company applicant is the individual who was primarily responsible fordirecting or controlling the filing of the creation or first registration document.
Jordan Banks Is buying a duplex when I go to college a terrible idea?
30 July 2024 | 5 replies
https://store.biggerpockets.com/products/the-house-hacking-s...
Nick Benedick Rent to retirement
30 July 2024 | 16 replies
RR has some very nice product .. however one just needs to look at any real estate venture with the same due diligence you would buying a home to live in.home inspection verify neighborhoods etc.My personal Experience with Zach the owner has proven over time he is very diligent in making sure his product and staff are on top of his clients investments.. that all said its still real estate so keep that in mind as well. but as for integrity Zach has it from my point of view.