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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...
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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...
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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...
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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
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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 ...
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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...
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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...
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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...
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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 ...