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6 December 2024 | 21 replies
I'm a pro member here at Bigger Pockets but I've also looked into Renatus and my local Real Estate Association.
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5 December 2024 | 12 replies
Generally, the fees can range from $500 to $2,500 or more, depending on the specifics of the loan and the attorney's rates.Here are some common fees associated with loan document preparation:Promissory Note and Loan Agreement: These are the core documents, and the cost of drafting these can range from $300 to $1,500, depending on the complexity of the deal and the lawyer's hourly rate.Deed of Trust or Mortgage: This is often required to secure the loan against the property and can cost an additional $300 to $1,000.Title Search and Title Insurance: If you’re using title insurance or require a title search to secure the loan, this can add another $300 to $800 or more to the cost.Other Documents: Depending on the type of loan (e.g., hard money loans, commercial loans), you might need additional documents like personal guarantees, collateral agreements, or an escrow agreement.
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2 December 2024 | 2 replies
My goal is to find a cash-flow-positive rental property that I can manage while finishing my degree, setting the foundation for a real estate portfolio I plan to grow steadily over time.
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29 November 2024 | 7 replies
I received a bachelors degree from Mercyhurst University and have wrestled from pre-school all the way through college.
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30 November 2024 | 11 replies
Bam, now I can in fact somewhat speak "in general," and I can say that with a fair degree of confidence BECAUSE I've zoomed into that one thing.
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5 December 2024 | 17 replies
Your disposition may be to move forward with that as i believe i read in your introduction - but not needed to understand and develop some degree of comfortability.
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10 December 2024 | 100 replies
Depending on the principal, a lesser or greater degree of professional advice is necessary, but most SFR transactions are similar in their mechanics.
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17 December 2024 | 36 replies
It also had a change of one of the GPs in the sponsor name (i heard unofficially there was a divorce, sponsor name has been changed to reflect the person no longer being associated).
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14 December 2024 | 101 replies
We didn't and just wanted to say not everyone associated with Elite and Rich Dad Poor Dad is bad.
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29 November 2024 | 10 replies
A great way to start is by attending RE events and joining a local investors association.