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I want to start by saying that this is my first deal. This question serves two purposes, to educate myself and to allow others to get valuable and transparent information on closing costs of conventional loans for inv...
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Hi All,I'm in the midst of getting a loan on a 3 plex unit with 25% down. While reviewing the loan, it seemed like my net closing costs is quite high - are the fees below all reasonably priced/expected? I'd love to se...
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I applied for. HELOC on my primary residence and was approved. I have 3 days to rescind. I don't have a deal lined up but searching. Should I have waited to find a deal first before applying for HELOC?
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Hi BP! My husband and I live in the SF Bay Area where home prices have risen substantially in past years. We want to leverage some of our home equity and use that equity as down payment for our 2nd rental prop. We'...
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I recently purchased a house with 3 mobile homes together. The advice of the BP community was very helpful. Thank you guys! This property is cash flowing about $600 a month. Now as I prepare for my next multifamily, I...
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I have been searching some local small banks for refi rates on total cost and rates. My idea is to go conventional loan for 20 year or 30 year. With no money out of pocket.I have a duplex that I purchased for $155,00...
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What is a reasonable estimate of closing costs on a property about $150k?
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I am looking to do a cash-out refi on a SFR investment property in Nevada City CA. Loan amount is $172k (80% LTV). My credit is 700. Plenty of income very little debt. I have <5 real estate loans. What's ...
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Everyone please help me out I’m really confused. Let’s say a syndication deal or equity fund consists of an 80/20 split, 1% acquisition fee on purchase price, 1% disposition fee on sale price and 1% asset management f...
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Hello all! I suppose this is my introductory post, so here's the introduction: My name is Mariah. I'm originally from Seattle, but currently live in Houston with my husband (who is originally from Detroit), our beaut...