There is a balance between points, interest rate charged, terms and risk that borrower and lender have to consider.More experienced lenders often get points for just that reason (and to cover the costs and efforts of moving money).While less experienced lenders tend to focus on interest rates and emotionally perceived risk of the investment and relationship to the borrower (how much they like them).That said, I'm not sure if points are necessary to a loan.

Just as in Poker, with Real Estate "LEAVE YOUR EMOTIONS AT THE DOOR." 

Do you think this has to do with emotional response to owning property??

As a Trump supporter I will try to keep my response without emotion.

In my opinion, you should steer clear from buying a property with existing tenants... its not always easy to remove them and can be emotionally and mentally taxing but if you have to buy with tenants your first property and its a good deal then it may be worth it.

Not to mention the emotional toll it takes on a property owner and the aftermath of finally getting your property back then perform expensive repairs.

I feel as though I know exactly what I want out of a deal but not sure where to take that first step.Nonetheless, the emotions I'm experiencing almost ensures me that I'm moving in the right direction.I would love to hear the communities experiences, stories, and advice.Thanks,Deane

Yes, she's probably a little emotional, but she's pregnant.

I realize the emotion behind this but the way I see it, I’d rather try to help the homeowner by getting them out of their situation rather than them losing their home, being forced out to start all over again with nothing and ruining their credit in the process.

@Kata WaltersWhat a lot of people don't realize is that MANY investors and even large companies use debt to purchase assets, it's just a matter of understanding the discipline that comes along with it.