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13 February 2025 | 10 replies
I paid him the normal closing cost, a few $ grand in fees, and a slightly higher interest rate than I might could have gotten conventionally.
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19 February 2025 | 9 replies
That is part of the problem with a lot of companies (I am not knocking insula as dont have all the info/facts just stating how the business works), they engage brokers to get them loans and the brokers collect a small fee. unfortunately many of the brokers may be similar to real estate wholesalers - have little to no experience.
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19 February 2025 | 5 replies
We actually have an in-house realtor who specializes in selling flips and can list your property for just a 1% listing fee.
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13 February 2025 | 10 replies
Rates are generally better on a conventional loan when accounting for all fees and prepayment penalties.
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22 February 2025 | 109 replies
It allows them to keep those afloat and can collect fees on that side by retaining ownership of the deal.
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18 February 2025 | 14 replies
Selling the PropertyIf your parents decide to sell, they could: Sell As-Is: At a current appraisal of $350k, they could walk away with a sizable profit (after transaction costs like realtor fees, taxes, etc.).
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19 February 2025 | 32 replies
We embrace S8 applicants, but screen them just like any other applicant.Many have an entitlement mentality and try to leverage their S8 voucher by pretending to be helpless:1) A percentage won't apply because they expect a landlord to waive application fees for them.2) Many cry broke and expect a landlord NOT to charge them a security deposit.3) Many of those same S8 tenants trying to avoid paying a security deposit, won't make an effort to call the list of nonprofits we send them that will pay their security deposit if they apply.4) A lot of them try to avoid paying for utilities.
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7 February 2025 | 7 replies
I am looking into a company right now that does rent guarantee insurance and also does in lieu of deposit will issue a bond that the tenant basically gets charged a monthly fee for.
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6 February 2025 | 5 replies
Wholesalers (no offense to those in the comments) who are doing this without being a foreign entity are probably co-wholesaling which is on the borderline and practically acting as an agent without a license or getting referral fees by having actual wholesalers on the ground doing deals and they just provide the leads which is different than wholesaling.
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3 February 2025 | 8 replies
I don't receive a referral fee I'm just happy to share as it took me going through several CPAs to find the right one.