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18 September 2024 | 5 replies
This would be close to a $15K penalty.
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21 September 2024 | 1 reply
Does fast approval or no prepayment penalties make a difference for your projects?
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22 September 2024 | 2 replies
I don't consider these funds liquid or available for REI usually because using that money for my own deals would require withdrawing it and paying penalties.
24 September 2024 | 21 replies
Or do you have any prepayment penalties?
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22 September 2024 | 13 replies
I would suggest refinancing into a 30Y DSCR loan with little to no prepayment penalty.
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25 September 2024 | 37 replies
Prepayment penalties- usually 1-5 year terms.
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23 September 2024 | 33 replies
We do have hefty late penalties so if they are late then they pay a $100 late fee.
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18 September 2024 | 15 replies
Even for no prepayment penalty and a lower loan amount.
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17 September 2024 | 17 replies
Hi Guys,I have a SFH in AZ that currently has a 8.25% DSCR 5 year prepayment penalty of 15k.
20 September 2024 | 13 replies
Are you paying more in origination costs in exchange for not having a prepayment penalty?