Matt Stowe
Seeking fee advice on freddie mac sbl program
3 April 2024 | 0 replies
I am curious if the fees I am being presented are in line with market norms:lender app fee: $10,000Origination fee 1% ($20,000)Lender costs: shows a fixed amount at $10,000processing fee $895registration fee $10,000Title and escrow fees: $4,000 est.6.5% rate fixed at 10 yearsPrepayment Penalty: Yield Maintenance months 1-114 (1% minimum)Third Party ReportsApppraisal Required Engineering Required Environmental N/A Seismic Report N/A Market Study N/A Funded EscrowsReal Estate Taxes Required Prop/Liability Insurance Required Special Assessments N/A Ground Lease N/A Replacement Reserves N/A Required Repairs TBD Debt Service Reserve N/AWould love to hear your thoughts on this as well as what you think is appropriate fees for the freddie mac sbl program.
Jay Moore
San Marcos - newbie medium-term landlord advice
3 April 2024 | 7 replies
We also commonly share leases with folks we meet at the REI meetup we run each month.
Dasha Taylor
Should I become a real estate agent at 18?
3 April 2024 | 18 replies
The best thing you can do for yourself (and most brokerages may actually require this, I'm sure it varies by state), is to shadow another agent and put yourself in a position where you can learn as an assistant.
Ke'Darius Whitley
Seeking to start real estate journey
4 April 2024 | 5 replies
Here are some tips to help you get started:Real estate requires a strong network.
Dona Cardenas
REIT investing - Good or bad idea
4 April 2024 | 42 replies
CrowdStreet has been great, some projects require up to $50K down with most at $25K.
Roc P.
Experience leasing to the Government
4 April 2024 | 13 replies
Many require RFPs from the prospective landlords.
Justice Rutanhira
Looking for my first investment in the Sherman/ Denison TX area
4 April 2024 | 8 replies
I've seen a few houses that list as 3/2 requiring substantial rehab, but could probably become 4/2 with the right plan.
Varouj Asdourian
Property Management software
4 April 2024 | 32 replies
I'm in the setup stages right now and would rather change before I get to far along if folks don't like it for some reason.
Katie Buell
WHERE can you still get an STR liscense?
3 April 2024 | 16 replies
I would be hesitant to say its not required in Alaska, Mike.
Ricardo Camacho
What should you expect to pay for closing costs?
4 April 2024 | 12 replies
When I wholesale a deal I require the buyer to pay all closing cost.