Our rental unit (5/3 SFH) has typically been a group home with 4 unrelated adults. I have never run background checks or credit checks on tenants, and the only screening I've done in the past was verifying employment ...
Hi all! Just finished reading the "How to Invest in RE" book and want to build my "to do" lists and work through MINS (not trying to show off, just using the book terms for "reinforcement"). What are the MOST IMPORTAN...
Hi, I am working with HML which is charging a 0% origination fee, but we have a loan processing fee and other legal fees adding to $1800.is this normal?Thanks,EKL
What's the 30 year term mortgage we could get with 20%-25% down with no fees?
What is a typical loan fee I should expect to be charged by a commercial loan brokerage firm for an apartment building purchase?And would it be typical to be asked to sign a Financing Authorization agreement that has ...
Anybody willing to share your sources for the best terms for a cash out refinance on an investment property?
I'm learning a TON about the mortgage game. Theres so much that hoes on behind the scenes with mortgages being bought/ sold, etc.With all this craziness, I just had the thought, are mortgage rates negotiable?I've call...
$269,800 loan. Loan origination charges are $4,670 (origination fee) and $1055 (underwriting fee). My loan is a 5% down owner occupied conventional loan at 7.5% interest. At first glance, this seemed high to me but I'...
Hey Guys,
I have a question, I own a property cash and I am looking to cash out refi, The property appraised at 205K and I am cashing out 100K , my closing costs are considerably high, 5.5K compared to closing costs ...
Okay, I bought a new rental property and had the seller pay 2% of closing costs (max allowed by my lender). Under the new Closing Disclosure form (no longer the HUD form), it shows nothing specifically paid by the se...