@Tiffany McKinneyI would charge a higher rate atleast 8-9% and balloon it in 5-10 yearsAlso you should have this serviced by a licensed servicer since acting as a servicer could be construed as doing work.

You need someone with boots on the ground to drive by the property regularly, inspect every 3-6 months, supervise maintenance, etc.

To overcome this, you can focus on building strong relationships with potential investors by attending networking events and sharing your track record.

Hello BG Community,I had a question if the new Brokerage agreement fee of $499 can be waived by the real estate agent?

HOA violations or fees racked up by tenantsF.

While you don't need a license in MD, you do need a PM, brokers or associate brokers license in DC to manage property....and depending on where in MD the properties are, you might by nessecity need to include DC as a practical matter.

recently heard that this area has a community developed, called Pradera Oaks (CR51/CANNON RD, Bonney, TX 77583), developed by Wan Bridge, advertised as affordable and has a big rent market and has the potential to appreciation.

Anyone here have experience with Rent by the Room in CLEVELAND HEIGHTS?

After paying closing costs, title fees, appraisal, origination, underwriting, processing, legal and other fees, the typical refinance costs about 1.75 - 2.5% of the loan amount just in closing costs (obviously before people yell at me, this varies drastically by state, but having done loans all over the country I find this to be a pretty accurate estimate).  2) Keeping the average 2% cost in mind and the fact that people typically refinance when rates drop about .75% - 1% or more, I wanted to see if paying an extra point now when I was already paying all the closing costs to buy the rate down made sense. 1 point can get you between .5% - .625% off the rate depending on the days pricing and the coupon you are pricing. 

Start by reading the Ultimate Real Estate Investing Guide: https://www.biggerpockets.com/guides/ultimate-real-estate-investing-guide/introduction2.