I'm a goal driven achiever with a passion for real estate. I have been working in banking since 2010 as a retirement specialist and a mortgage, personal, business and home equity loan originator. I have a few properti...
I am under contract on a house and my lender sent over the closing cost estimations. It looks like they are charging an origination fee of 2.5%. This seems high compared to what I have seen in the past. What have y'al...
I was speaking with a lender of newly originated/performing notes. All of what he is offering sounded like what I would like to invest in currently. Person is BP member and Company has been around a number of years so...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $9,500
Cash invested: $750
Sale price: $49,000
dealing with tenants was fun, at first
I'm wanting to give seller financing a shot in Missouri, and believe I need to use a loan originator to stay above board with Dodd Frank if I do more than 3 deals a year. Loan originators are easy to find, but they'r...
I am about to close on my first property and noticed the loan estimate was significantly different than the original I signed. I understand the insurance and third party fees update on the estimate as we pay them but ...
Greeting fellow BP members!I have a tenant who is lease/optioning one of my properties, and he needs help qualifying and getting his loan so that he can ultimately purchase. If you know of any good Mortgage Loan Origi...
Hello BPers!My first post. BP has wealth of knowledge and you guys keep adding to it. Awesome job! Man, I am addicted to BP :)I am going with this triplex and am looking for financing. The loan amount is slightly more...
I'm looking for some original ideas to get the phone ringing for listings. In the past I have used things like "I will sell your house in 30 days or you don't have to pay my commission". Obviously that isn't effectiv...
Hi all. Not sure if this is the best place to ask this but looking at the topics I felt that it would be. Im an experienced rehabber but Im looking to diversify. I want to do loans in South Florida and South Carolina ...