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Origination fees for $1,000,000 - $10,000,000 credit line. 1. $2,500 for any size line of credit + $2,500 legal fee A. 2.25 points per loan origination2. 0.5% of the line of credit size + $2,500 legal fee A...
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BP,One thing that I've noticed when studying Yellowletters is that there are definitely a few generic templates out there. I have a mail drop coming this week and I am looking to stand out (as we all are). Does anyon...
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Just introduced myself and wanted to discuss the idea of one-stop shopping for home buyers. Loans & homes in one place.
If a realtor could offer the client (client requires a purchase mortgage or re-fi...
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Buying a single family for a rehab deal...I usually like to replace the woodwork with new trim, but this one has natural woodwork that is in decent shap ([b]not banged up too much) however it has lost its look and is...
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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 ...