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I'm in the process of doing my due diligence on a property. My partner is suggesting we demo out a specific wall. I am not sure though if it is a load bearing wall. I would assume that the original blue print for the ...
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Do all these fees apply for the same transaction?Fee Structure
Lender’s Fee: A percentage of the Loan amount paid by the borrower to the lender
Lender’s Commitment Fee: This will get paid by the borrower to the Lend...
'I am a Real Estate Broker in CA. I recently received my License to originate loans. I am looking for a company to associate with that will allow me to continue my RE Brokerage activities under my own name but offer m...
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New mortgage originations fell over 23% month-over-month and a stunning 47% year-to-date according to Black Knight (formerly LPS). As they show in their detailed presentation, with a 65% year-over-year drop, new mo...
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Just wanted to get some feedback from other landlords on what you do when your original lease term expires. My lease states that after the initial period, the agreement remains the same but on a month to month basis. ...
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We are supposed to close next week on one of my investment homes. The original buyer just sent an amendment through their agent stating the following:"Sellers agree that the new buyers will be John Doe and Jane Doe" T...
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Working on obtaining a single-family home portfolio loan 10 houses included what would a reasonable origination fee be? By percentage or dollar amount thanks in advanceErick Miller
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Interesting article from Working Real Estate Magazine about the origins of RE Disclosures.
Agent Disclosures and "Reasonable Diligence" - The Lawsuit that Started it All
by Isaac Peck, Editor
If you've been a re...
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Hello! I am looking to lower the cost of closing on the refinance of my BRRR deals. Right now I am using 80% LTV to refi and paying separate origination and processing fees at closing. My question is, would it be bene...
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Since we are going to originate more than 3 mortgages this year, I'm looking to find an independent Mortgage Loan Originator to review the paperwork and vet my borrowers. That person must be licensed in NC. Thanks in ...