John Huynh
Chicago: Loan Origination Charges
Hi all, Could someone tell me if loan origination charges are a fixed amount or if it is a percentage of the loan? I have heard that there are online lenders that don't even charge loan origination charges. Any recomm...
Robert Olgin
Is there such thing as an assignment fee for finding a cash flowing property?
I found a duplex that currently cash flows very well even with today's rates. I would love to partner with someone on this deal, but in the event that I can't, is there such thing as an assignment fee for finding a g...
Evan Kline
Management fees for MTR
My wife and own some MTR's in the Winston Salem area. We've had a lot of success and I got my RE license to help with our own investment and also help others replicate what we've done in Winston Salem. I've had a good...
Shak F.
Is 7.5% too high for investment property if I have great W2 and excellent credit scor
I am a newbie to BP. Thank you in advance for your responses and advice.I am in process of purchasing a single family investment property in Charlotte. My credit score is an excellent and I have a great W2. I am tryin...
Sayli Mulay
HELOC is affecting Refinance rate
I want to refinance my primary residence for lower interest rate but I have HELOC on it. Currently it’s all paid down. But in order to get the best refi rate I will have to close that heloc… due to subordination. My q...
Chad Drewson
High Vacancy on Commercial Appraisal
I'm new to the buy/sell side of real estate. i've been running an apartment complex for the last few years that was inherited. it's around 30 units, and my question is about the commercial appraisal now that i'm at th...
Taylor King
Investment Heloc vs. cash our refi
Hi smart people,I am deciding between pulling capital out either through an investment property HELOC or cash put refi. Which would you choose and why?HELOC~60k out (80% LTV)-no origination fee, $99/year which can be ...
Charles Johnson
private money contracts
This is my first time using private or hard money and I came across a lender who sent me their proposal sheet and Im not sure if this is typical or a good deal for me since im used to borrowing from banks or self fund...
Nicholas DeGaetani
0% down with 2.75% fee vs. 3.5% FHA loan - what's best?
In searching for financing options that set me up to purchase a PR to rent later OR purchase a REI later, 2 viable options right now are:-0% down, with no PMI, but with fees of 1.75%, 1% and normal closing costs-FHA 3...
Bryan Clement
Finding good property managers in a rural area
Hello everyone, New to BP, joined a few weeks ago and took a few weeks to learn the ropes, now here goes my first post! I'm almost completely done with my first BRRR, and I am struggling to find a good property manage...