![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1713989/small_1636289761-avatar-petyat.jpg?twic=v1/output=image&v=2)
2 October 2024 | 11 replies
Heres the numbers: Borrower(s)Subject PropertyRate Not Locked 9/30/2024 Sales PriceDown PaymentLoan Amount30 Year FixedContract DepositSeller ConcessionNMLS# $670,000.00$167,500.00$502,500.007.000% $0.00$0.00 Bank Origination Charges Estimated Title / County / State ChargesOrigination Points % $ - Owner's Title Insurance $ 4,415.00Discount Points % 1.500% $ 7,537.50 Lender's Title Insurance $ - Underwriting Fee Title Search $ - Appraisal Fee $ 650.00 Title Services $ - Credit Report Services (1) $ 299.00 Alta 8.1 $ - MERS Fee $ 25.00 Recording & Transfer $ - Flood Certification $ 8.00 Notary $ - Tax Service $ 85.00 Settement Fee $ - VOE Fee $ 150.00 Total $ 4,415.00 Total $ 8,254.50 Prepaid Interest / Items Potential Additional CostsPer Diem Interest 15 Days $ 1,465.63 Rental 1007 $ 250.00Home Insurance $ 1,800.00 New Survey (if applicable) $ -Flood Insurance $ - 2nd Appraisal / Reinspection $ - Total $ 3,265.63 Total $ 250.00 Escrow and/or Property Taxes Due Total Estimated Monthly PaymentsTotal Insurance(s) 3 Months $ 450.00 Principle and Interest $ 3,343.15Property Taxes 4 Months $ 2,868.64 Total Property Taxes $ 717.16Total $ 3,318.64 Total Insurance(s) $ 150.00 HOA / Maintenance $ - Monthly PMI $ - Total $ 4,210.31Total Estimated CostsEstimated Closing Costs $ 12,919.50 Estimated Escrow Prepaids $ 6,584.27 Estimated Funds To Closing $ 187,003.77
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/591479/small_1621493312-avatar-evero.jpg?twic=v1/output=image&v=2)
7 October 2024 | 35 replies
I mentioned all those items are mine and should not be hauled away.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1625202/small_1621514266-avatar-maryu6.jpg?twic=v1/output=image&v=2)
30 September 2024 | 8 replies
My examples just happen to be two items that kill many of these conversions after the zoning permit is issued so best to verify what obstacles if any exist early on.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1353743/small_1621511575-avatar-robing43.jpg?twic=v1/output=image&v=2)
4 October 2024 | 35 replies
And you should get a weekly report/invoice itemizing which guards were on your site (C.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3125910/small_1727700104-avatar-daniela845.jpg?twic=v1/output=image&v=2)
3 October 2024 | 15 replies
Make sure you have cash reserves for 6 months , steady w2 job if things go south and do not plan unnecessary big ticket items until you stabilizeI have known people start with 40 k and used it to fund flips and work their way up and get Business Line Of Credit for 200 K in 2 years and after that of course it is very easy
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/185232/small_1621431735-avatar-rios9000.jpg?twic=v1/output=image&v=2)
30 September 2024 | 0 replies
Robert Cialdini notes that creating a sense of reciprocation is one of the best sales tactics out there, even if the items being reciprocated aren’t anywhere near equal in value (like a 12-month lease versus a $25 gift card, for example).
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3040381/small_1717447229-avatar-adamr552.jpg?twic=v1/output=image&v=2)
30 September 2024 | 1 reply
I know from experience that things will ALWAYS COME UP IN RENOVATIONS and it can honestly be hard to agree on the allocated time for some of these changes)- Plus many more items - it's easy to get out of control with contracts.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/977581/small_1699555009-avatar-johnp521.jpg?twic=v1/output=image&v=2)
4 October 2024 | 17 replies
Maybe pose as a possible guest first, just to hopefully get them to respond.As for some of the other items you discovered, you could try adding some heat to your emails.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1459816/small_1696597590-avatar-briang350.jpg?twic=v1/output=image&v=2)
30 September 2024 | 12 replies
Fairly straightforward, just ask the contractors what will make their job easier and keep them on schedule...removing old pipes, opening walls etc.If you haven't put the house under agreement yet I would bring a detailed and itemized list of repairs needed, maybe even with estimates, to the negotiation with the homeowner.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1604495/small_1696735139-avatar-ashleyg119.jpg?twic=v1/output=image&v=2)
1 October 2024 | 5 replies
Smaller ones are filling up within 12 hours and the large unit they left with 2x 5 gallon water jugs to empty into AND a catchment below....because obviously the sellers knew that it fills over 5+ gallons in just TWO DAYS.We have had to get a structuralengineer in who has noted other water damage throughout the basement (unfinished) that was hidden behind sellers boxes and personal items during our inspection.