It is not uncommon - main reason we see right now is over inflated original ARVs and now borrowers cannot sell and pay off the lender. 

Originally posted by @Juan Pablo:Hey, thank you all for commenting.

Closing costs typically range from 2 to 5 percent of the total loan amount, and they include fees for the appraisal, title insurance and origination and underwriting of the loan.”When it comes to closing costs, a trusted lender can guide you through specifics and answer any questions you may have.

You don't ever want to double book and have to cancel one of them.And the guest giving a phone number in the first message like in your original post is against the rules and the guest knows it. 

usp=sharingLet me know if the link doesnt work or if you need clarifiction on anything.Hopefully this has given you some insight with some original data to backup it up to guide your decision.

Originally posted by @Jennifer McCurrach:One PM takes 8%, one 6%.

You paid 1% origination, closing, legal etc, and 4.5% interest.  

Originally posted by @Gita Faust:@Roy N.: So right QuickBooks is not the right solution for everyone.

I originally looked into QuickBooks but it seemed very expensive for everything I would need it for.

If you used a loan to rehab your property and find yourself in a difficult position, doing a straight refi (just paying off the old mortgage) will be easier than trying to pay off the original loan and take additional cash out.