About to rent out my newly purchased house. Want to a dad a late fee to the lease . I’ve read some charge 10 percent of rent , plus 10 per every day late . Seems high . Is that typical? What’s your late fee policy , i...

I realize I am a newbie but figured I'd get better advice on this thread. If you can tell a illegitimate lender by their "upfront origination loan fees" can you explain what are the requirements for private lenders? I...

Hi, I'm looking to refinance my Canton, OH (44714) BRRR property. Assumptions I provided to a mortgage broker is below. Below that was her response to a 30 yr fixed rate DSCR rates, plus origination and underwriting f...

Hello Folks, i am working with a major bank and they have charged me $3024 in Loan Origination Charges for a 250K loan.$1234 = Rate extension lock fee$1357= Prepaids$477 = Appraisals$1095 = loan processing feeThey too...

hey BP! 
I had a quick question about what my expectation should be around a cash out refi for my investment property.  A lender I've worked with in the past for primary residence is quoting me for something like 6.5...

Hello everyone,I really appreciate the existence of BP platform, I've been learning quite a lot the last 3 months and just decide to invest in Columbus, OH and just closed on a double units rental property. I bought i...

hello,Very new to real estate investing and want to make an offer with bank loan financing. This would be my first time applying for a loan and not sure how to properly evaluate all the mumbo-jumbo words and fees. Ple...

It appeared to be unreasonably high but I wanted to check with the group.
On Good faith estimate the loan originator stated the following figures to be charged by him/his bank (in addition to credit report fee):
1. ...

Guys, I have a rental property under contract that I am looking to finance. I got this quote from a mortgage broker who I used to get my pre-approval letter. Personally I'm not too thrilled. What do you guys think? Si...

Hi All,I am looking at a deal currently on a $72,000 property, where the loan amount would be $57,600 (20%).Everything looks good and the rate from the lender is 4.75%, which works well for me.The closing costs are st...