Hello,I'm currently in the middle of obtaining an 18 month hard money loan. I was wondering if the additional fees associated with obtaining the loan are industry standard.Points: 4Interest Rate: 12%Appraisal Fee: $45...
BP folks,I am working to put together the following project and would sincerely appreciate any guidance on developer compensation. The project is the new construction of a 100-130 unit residential apartment building ...
Are the banks closing costs negotiable? If so, any tips or advice? (This negotiation would be done with the bank, ive already negotiated with the seller or them to cover 3k of the closing cost.)
I have found a 1600 sq ft home in Lindale for $126,000. The schools her e are stellar and people are dying to get into the district. I have gone out to several lenders, Quicken was one but also 2 local lenders. The be...
What's the best way to finance a first flip? I understand that hard money is relatively easy to get but has high fees that could eat into profit. Crowdfunding sites like Groundfloor seem to have lower fees but I suspe...
Hi everyone.I am looking to invest in multi-family, either 4-plex or above in Florida in the coming month. Ultimately, later this year ideally, I would like to refinance, and take the funds out and use it for my next ...
Hey BP! I'm not sure if this post is ok here, or if it needs to be posted in Marketplace...I'm a Houston investor currently studying to get my license. Initially I started studying simply to support our investment bus...
Hello. We rent out a SFH home in Los Angeles for $15k a month. The management fee is 10% of rent. It’s steep considering the home is a multi million dollar home where very little goes wrong. Sometimes there is a minor...
well it had to happen sometime ...How does a contractor go about placing a lien on my property. We are having an argument over the lies he told me. He said "the police are interested in the issue" which is BS. They co...
Has anyone had success with this?