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2 August 2018 | 7 replies
Typical upfront fees would consist of Appraisal or BPO fee (3rd party charge) and maybe a document deposit, after final approval is issued, to ensure that in the event of a last minute cancellation by borrower, legal fees are paid.
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10 May 2018 | 3 replies
Curious as to what a reasonable percentage down would I need? I don't have steady income so I can't rely on my work to get the rest of the loan. As in, I'll need a commercial loan, based on the current rent of the pro...
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15 May 2018 | 15 replies
CMBS typically looks for 5 million and up.Mark
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23 March 2018 | 3 replies
Not a typical scam where they take your money and run away but one where the value you get is significantly less than the price you pay
27 March 2018 | 2 replies
I typically don't include this in my closing costs, when calculating it, however, since these are not real expenses - you will get this money back eventually.You may want to add a property inspection fee and an appraisal fee to your total.
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24 March 2018 | 6 replies
Typically about 45 days.
23 March 2018 | 3 replies
Account Closed Typically, it makes the most sense to open your LLC in the state that you do business.
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24 March 2018 | 5 replies
Typically a HML is very short lived and costly.
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10 May 2018 | 8 replies
You apparently aren't aware of my typical role in this scenario.
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24 March 2018 | 14 replies
Dan,A typical property management fee could range anywhere from 4-10% of gross rents (larger properties get the better rates due to the economy of scale) in addition to a per door bookkeeping fee, let's say $5/door.