Jason Chambers
How do you collects rent?
20 June 2016 | 44 replies
For the people without a bank account have them get a prepaid debit card that allows ACH debits, such as the NetSpend card that we recommend.
Ryan Sun
Should I sell mortgage points right now?
7 November 2023 | 4 replies
If you have a seller willing to provide a large credit or price decrease - I would use the credt to cover the loan fee/ points / prepaid items - good luck
Ben Naughton
Prorated Rent at Closing
10 August 2015 | 7 replies
The pro-rated rent is credited to the purchaser while pre-paid expenses, such as property tax are debited.When we acquire an occupied property, we like to Close between the 2nd and 4th of the month.
Mumu Shang
Bankruptcy Trustee Shortsale
9 September 2020 | 8 replies
Lien holder will POSSIBLY pay 3% of buyer's closing cost, escrow, and prepaids ONLY if buyer is getting financing.8.
Hector Perez
Estimated closing costs for a rental house
1 August 2013 | 6 replies
$122k is purchase price, closing costs:$1,136 estimated prepaid items$3,253 estimated closing cost fee$467 discount (if borrower will pay)total $4,856.
Joe Thompson
Owner Financing
3 May 2015 | 2 replies
You may also have usury laws to contend with in your state depending on the type of property sole and transaction.Another matter related to interest is that a seller can not charge points, that is pre-paid interest and seller financing is an installment arrangement loaning equity based on a sale price, not cash.In serving your client's best interests, it is better to advise competent assistance by a professional, such as a CPA would in a legal matter.
Melanie Carter
First duplex - Too good to be true?
26 April 2017 | 6 replies
Inclusive of pre-paids (including initial year's worth of hazard insurance) and closing costs, I'm in for $19K.
Brian Caulfield
Investing in Bad (D+) Neighborhoods?
4 November 2023 | 19 replies
This helps the people who struggle to even get prepaid credit cards.
Bobby Nilsen
McMann Commercial Lending
13 January 2024 | 80 replies
Now they are requesting 115,957 for 3 months of prepaid interest and also for 3rd party escrow bridge fee.
Sean Richway
Zoomeral / Genie Investments - Has Anyone Used Them?
13 November 2023 | 32 replies
To get the bridge loan from Genie Investments It is required that we must put up prepaid interest for the 90 day time Or until the Beloc loan funded in my case it was $360,000.