Hi folks,

Hopefully a simple question.

I talked to a private lender recently and asked what typical closing costs were. I was told $5-6k, which didn't shock me too much.

Later in the conversation I asked what the...

Does anyone have a bad experience or see any reason not to accept a full year(the lease term) rent payment in advance? This single family home rental will be in AZ.  Seems like a great opportunity to me! Also anyone f...

This just out:

12/24/08

RBS WorldPay Data Breach Hits 1.5 Million

Twenty years of payment processing history as well as social security numbers are compromised.

December 24, 2008
By Richard Adhikari: More storie...

Hi everyone,

I'm trying to solve a question about Property Management. I understand that I need to either hire a broker or be a broker to manage finances within property management in the state of Pennsylvania. Howev...

Im looking to buy a home in Tampa FL and put an offer for a standard cookie cutter home in a non flood zone 2/1 SFR. I chose my lender months ago and feel like they are well versed in the game and close on almost 700 ...

Good Afternoon Investors,I am a new investor and am assembling the pieces in preparation for my first deal.  My question is about closing costs  and how to factor them into the project cost total.  I understand that c...

I am a first time investor and am purchasing an investment property in Baytown Texas for $200,000 (single fam). I was expecting the closing costs to be around 3% but they are closer to 7-8%. Is this reasonable? I a...

So I was given these numbers by my lender that set me up with my pre-approval letter:
Purchase Price - 350k
Down payment - 5% = $17.5k
Closing cost = $14k
Location of unit - Montgomery County, MD (zip 20874)
Is $...

I have bought a few rentals in the Chicago area and am put off by the considerable closing costs, especially from the title company.  I'm looking at something right now and the down payment is $18,000 (20% down) and t...

I see a lot of people asking, "How much down payment does a hard money lender require?" My quick answer is 10-25%, primarily dependent on the lender, but can also depend on experience, credit, etc.  But I honestly thi...