Hi all!  I am exploring hard money options in RVA and would like to know what to expect regarding costs?  i.e. origination costs, appraisal requirements, interest, commitment fees, processing fees, etc. I have a decen...

Hi I've been approved for a few private loans is it normal to have to pay upfront costs to attain the loan?  Thanks for your response

Hi BP community, I'm on my second rental property with another in the pipeline and I've learned so much from the BP community.  Thank you to all of you who take the time here to share their knowledge and experience wi...

Hello I am new here and about to get our first property which is a duplex, $115k purchase price with a conventional loan, 20% down payment and interest is around 4.9%.I received the closing disclosures from the lender...

Need help analysing my settlement statement, i think i'mgetting ripped off by all these high fees!

Hello Fellow investors, I am working with a broker for a loan on multi-family property. Broker photoshopped the Bank's original LOI to reflect higher origination fee. Later when he slipped through his fee, then he sen...

#1 The proposed loan amount shall be up to 130,000#2 The proposed transaction will have a down payment of 41,250#3 The proposed loan Loan-to-Value (LTV) shall not exceed 80%#4 The proposed loan term shall be 5 year...

Hello all, I have recently decided to try my hand at a 203k and see what all the trouble is about. It seems pretty straightforward, as long as you have your contractors in agreeance with your payment terms then you sh...

TBD, LLC
No. of Properties 1
Quote Date 10/20/2023
Property Value $ 549,000
Rental Income $ 8,125
Taxes $ 6,339
Homeowners Insurance $ 1,974
HOA (if applicable) $ 0
The above information was used to calculate ...

Well, we just checked the bank account online a couple minutes ago and low and belold, there was a deosit in the amount of rent owed for October sitting there!

This is great news because my last interaction with thes...