For a $100,000 loan, we would have to charge 2 points ($2,000) for originating the loan.

It is also important to consider the transactional fees associated with originating the HELOC, whether an appraisal is required etc.

The original intention was to do a light cosmetic rehab and rent it out.

My family and I are originally from Cuba.

Say my original loan was $500K, my cost basis with improvements is $1M and I cash out refinance with a $1M loan (can I include the interest of the new loan into cost basis since it’s reimbursing me my cost basis)?

Then mortgages get collateralized and sold to Fannie or Freddie so they can keep lending and make money from the original fees.

Originally posted by @Harrison Sharp:@J Massey if you want to connect shoot me a DM and we can chat more Appreciate it.

All original tenants were long term low rent tenants.

Originally posted by Alison Robinson:Hello all,I am in immediate need of a Commercial/Residential Property Management Company representing owner-landlords on the South side of Chicago.

I added value to this property by preserving its original architectural features while modernizing the interior.