But for illustration purposes since this is a fresh transactional matter on my plate: The reimbursable lender legal fees for an $8.5M loan transaction I was recently apart of (as a buyer, not fees I charged) were less than $15,000.00.

We have been blessed to serve a a ton of Bigger Pockets clients and the biggest challenge we have with house hackers is the FHA Self Sustainability test.. 75% of the overall rent has to cover the PITI.. with rates whe...

Conventional loan with 10% down at 4.5%.

Conventional Loan at 3% How did you add value to the deal?

And it may be worth it if paying off the other loan frees up significant cash flow in reduced mortgage payment.2.

Originating new loans is somewhat easier however same concepts apply.. 

Since I do commercial loans they don't focus on DTI, how much do you think my cc debt will hurt with commercial lenders? 

Please tell us more about the financing you have lined up - is it a traditional mortgage, DSR loan, HELOC...Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location(s) to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

This has numerous implications should the buyer not make payments, or the loan be accelerated.2.

What kind of loans do you provide?