If its a primary home they can go higher but in a slow market 3% to 4% is common and if they are not coming in at full ask usually the seller offers 1-2% which is fair.The buyer must have an unexperienced Loan officer because you should always know what your customer needs prior to sending them a pre-approval letter or allowing them to go into contract.

As a wholesaler I came across different types of list of potential leads but pre-foreclosures seemed to interest me the most.

I will say though we kind of built the right product for this market cycle.. big single levels with 3 car garages catering to the empty nester and down sizer we get buyers coming in off their small oregon hobby farm .. our first time move up buyer did slow a ton but we have sold to families as well just not like it was pre interest rate spike.. our other folks are either paying cash or borrowing very little so interest rates are not affecting them.

I've been doing quite a bit of research over the last couple weeks and have decided on an area I think has great potential for my first purchase :) I'm not really sure where to go from there, if I need to looking into pre-approvals, find a lender.. or whatever else might be the next step!

Similarly when you are buying pre-owned furniture, people tend to advertise if it comes from a no pet household. 

The Pro-Rata rule applies if your Traditional IRA contains both pre-tax and after-tax contributions.

If multiple lenders hit my credit report at the same time [during the same week] will it be considered a single credit pull or multiple hits? I have a mortgage broker but was wondering if I should check with another m...

Would you know in the pre-qualification process if you qualify for a conventional loan vs a DSCR?

Purchase Price: $270,000 (jointly with a partner)Initial Rents: $1050 and $1250Current Rents: $1400 and pre-leasing for $1500 (making it a 1% rule deal!)

Hello,I am new to real estate investing and decided to go with Easy Street Capital as our lender for the DSCR loan.They already ran out credit and we went under contract on a property after getting the pre-qualification letter from them.I also got the Term Sheet from our contact Zach and the last page is asking us to wire transfer $2,500 to their bank account for the deposit.Is this common for private lenders?