Victor Gonzalez
House Flipping Calculator
Please excuse the ignorance. I am literally just new to all this and started researching Real Estate Investing yesterday. I finished reading the BiggerPockets: The Ultimate Beginner's Guide to Real Estate Investing th...
Montell Johnson
Help with estimating Closing Costs
I want to purchase an investment property on Long Island but I'm not sure of how much the closing costs are. Can someone tell me how to calculate them?
Jose Delgado
Does this seems reasonable?
Duplex $110,000
25% down
South Texas
Admin fee $680
Tax service $80
Origination fee $825
Processing fee $500
Underwriting fee $500
Appraisal,cedit report, doc preparation $1036
Escrow, survey, guaranty fee, T...
Toben B.
What percent should closing costs be on cash out refi of $140K
Hello,
I have 3 duplexes to cash out refi on. All are worth $200K. One is free and clear, one I owe $5K and one I owe $35K.
What should closing fees, points, appraisals add up to? I am seeing $7400-$8400 in closing ...
Ethan Kramer
$12,400 closing costs for $129,900 property?
I'm currently under contract for a turn-key investment property in Baltimore City that is valued at $129,900. I just received the documents from my lender showing total estimated closing costs of $12,400, making the e...
Natalie Hideg
MN victims of domestic violence
Hello, I have a boyfriend/girlfriend tenant situation where the boyfriend is accused/charged with a domestic violence incident. Minnesota has a law that protects DV victims where they can provide written concern to th...
Ellen Xu
Tax implications of closing cost of cash out refinance?
I refinanced my residence last year to get cash out to buy an investment property, so I have two closing costs: one for refinancing my residence to get money out, the other for buying the investment property. Could I ...
Mark Moore
Phone Line Tip!
Thought I would share a quick tip. Often in this business, you have the need for multiple phone lines. You may have google numbers that you need to link to an actual phone, or craigslist postings to verify, etc. Witho...
Account Closed
Refi Mortgage Advice (am I getting ripped off)
Hey BP!I am trying to do a cash out refi on a property (first time) and need advice, It seems like the interest rate is unreasonably high. I was expecting for it to be about .25 - .5 higher than current industry avera...
Wilson Tao
Can I accept the 1 year prepaid rent from tenants?
HI,I am a new landlord and am listing my first house for rental. There is an applicant who is self employed and wanted to pay me 1 year rental in advance to resolve my concerns about his income. Can I accept the prepa...