I’ve never been charged this fee before and the lender is saying it is a mandatory fee charged by Freddie Mac. Anyone heard of this or know how to avoid it?

I'm interested in comparing fees with other areas of the country when it comes to the management of smaller multi-family units (anywhere from 5-50 units). What type of fees are you guys getting for the buildings you o...

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

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...

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...

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...

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 ...

#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...