
7 December 2024 | 35 replies
We don't charge any up-front fees for this and it shouldn't be necessary, but do watch out for the upfront non-refundable "commitment fee" or "engagement fee."

9 December 2024 | 5 replies
I charge fees that create additional income.

10 December 2024 | 5 replies
* House is a 2699 sq/ft Single Family Residence| 3 beds, 3 bathroom | Built in 1956 | NO HOA * There is a chance I could pay only interests so I can start saving some cash for the incoming maintenance and annual payment equivalent to the 12 monthly payments (~$5,029.77 per year during the balloon period)The advantages I can identify in this deal for me are:* Lower interest compared with traditional loans* Lower down payment compared with the ones compared for traditional loans* House is technically ready to be rented (waiting for the inspection) * Forecast - 3 yr growth (appreciation) is expected to be 8.1 % (Bigger Pockets)The disadvantages I can identify: * I am still vulnerable to foreclosure if sellers don't make mortgage payments to the bank.* Refinancing issues at the end of the Balloon Payment?

12 December 2024 | 37 replies
Not sure, from what you're writing, what the benefit to the borrower was in refinancing, but there had to be something; cash out and lower rate are two that come to mind.

12 December 2024 | 17 replies
You could buy the meter, have a plumber install, you connect to computer, charge the exact amount of water usage.

15 December 2024 | 38 replies
I also do a lot of market research in each of the markets we operate in to understand how much comparable properties would charge.

11 December 2024 | 6 replies
Hi Kevin,I have a couple of rentals in Fredericksburg and I allow pets (charging a pet deposit and monthly pet rent to cover damages and wear and tear).

14 December 2024 | 36 replies
Or They charge much higher fees per transaction.The one Im with for $40 a month, is 100% commission structure.

11 December 2024 | 4 replies
I think they charge 2k or 2,500 or something and they'll do some legwork on the tax sale and then I believe they work with title companies so that they can insure the title (maybe they underwrite the title policy or something, i don't really know how they work).

5 December 2024 | 12 replies
Lightning Docs, which we use, charges $500 per set and I believe Doss charges $400 but we haven’t used those.