Thats about a year of my net cashflowanyway i have a few questions to ask him.. i see a $3750  charge for points which him and i never spoke about... let me know if i have something i can negotiate or should i find a different mortage lenderPURCHASE PRICE: $250,000LOAN AMOUNT: $187,500INTEREST RATE: 7.990%APR: *8.370%TERM (MOS):360PAYMENT :**$1,895.50CASH TO CLOSE: $75,447.42250K PRICE 2 UNIT HOME INVESTMENTDOWN PMT/EQUITY: $62,500.00 LOAN TO VALUE: 75.000%APR COSTS: $2,819.67NON-APR COSTS: $2,647.75POINTS: $3,750.00UFMIP/FF/GF/SP: $0.00PREPAIDS: $3,730.00CONTRIBUTIONS: $0.00EARNEST MONEY :$0.00CASH TO CLOSE: $75,447.42FEE DETAILHazard Insurance Reserves: $250 Hazard Insurance Premium: $1,500 Taxes Reserves: $1,980 Application Fee: $1,280 Points: $0 Appraisal Fee: $675 Credit Report: $37 Flood Certification Fee: $8 Tax Service Fee: $68 Title-Courier/Exp Mail Fee: $80 Closing Protection Letter: $75Electronic Document Delivery: $25 Title Endorsement: $100 Title Examination: $100 Title-Lender Title Insurance: $843.75 Title-Settlement/Closing Fee: $625 Recording Fees: $470 Buyer's Attorney: $1 Title - NJ Tideland: $20 Title - NJ Upper Court: $13 Title - Notary Fee: $25 Title - Notice of Settlement: $40 Title - Recording Service: $10 Title - Search : $13 Title - Tax Search: $35 Title - Transaction Management: $35Title Abstract : $175 Title Bankruptcies: $13 Title Municipal Search: $55 Title Wire Transfer: $30

Newcomers-gentrification and it’s discontents by Matthew SchuermanJust started so can’t endorse or critique but aims to be a balanced look at “the ways policy makers over the past 60 years have aided gentrification in both deliberate and inadvertent ways”Looks at Mission, Brooklyn and Cabrini-Green in Chicago.Shoutout to @russel Brazil for the Whitey read.

If anyone is interested, specifically for Auction.com at least... when you have have a check, you’ll endorse it to the company on the spot. if the check is over the amount, then they’ll issue a refund check.

This endorsement does not convey any coverage to the additional interest nor cost the tenant any additional premium.

My primary profession is structural engineering so I have a bit of a head start but want to show the industry the appropriate level of respect by getting a credible endorsement from a reliable association.

That happens with direct endorsement when the funding underwritter messes up and FHA rejects it, that happens.

The other thing was the fact that Scott McGillivray seems to be a part of, or at least endorse this company.

It sounds like they don't have any endorsement power anyway but I don't want to find out the hard way.

You can get an endorsement on you current policy. 

They provide resources on their website, but do not provide, nor endorse residential lease agreements.