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Results (10000)
Robert C. Maryland Closing Costs - 12k on a 106k loan??
26 July 2021 | 11 replies

Hi, my lender is quoting 11.8k in closing costs on a 106k conventional loan for a property in Baltimore County. This is just for closing costs +  prepaids, excludes discount points. It seems insanely high. Does this s...

Alon A. Hard money loan understanding
23 April 2023 | 12 replies

Hey guys I would like to understand something Purchase price: $270KReno: 70KARV: 420K My lender fund 75% from ARV which is 315K , it covers the purchase price  also he covers 100% or rehab , I need explanation about t...

Collin Hays What is VRBO’s take?
10 February 2020 | 22 replies

So let’s assume you have a rental that grosses 40K a year.
Here are your VRBO expenses:
- either $599 per year flat fee or 5% rental commissions.- 3% credit card fee
-3% advance pay fee
- Average of 8% “service fe...

Michael Giorgianni Wholesaling Real Estate With License - How commissions/fees are handled?
20 April 2015 | 24 replies

I have been building my wholesaling business for about 7-8 months now and have successfully closed 9 deals so far. I'm trying to find a real estate brokerage to hang my license with and have hit a little dilemma a...

Miguelito Fernandez Categorizing Items in Closing Documents
3 December 2018 | 2 replies

 I recently bought a multifamily building and have to account for all the items in the closing documents on my accounting software.Loan Origination Fee =Appraisal Fee =Suits, lean, judgment search =Loan doc prep fee =...

Toks Akindele What is an NMLS# provided by a lender
11 April 2022 | 2 replies

I was recently talking to a few lenders about doing a Cashout Refinance and I noticed that some of them had an NMLS# on the marketing material they had given me. I had always assumed that Realtors had an MLS number b...

Rosanna Tran Pay 2% deposit to refinance mortgage
12 March 2019 | 12 replies

I have an offer for a 4.5% fixed for 10 years for 25 years mortgage for a commercial property to replace my 6% interest only owner financing & I can pull cash. Sounds like very good deal but I have to pay 1% appli...

Mike Cartmell Where to go next if option is not exercised?
11 December 2009 | 10 replies

I have a tenant/buyer who will not be exercising her option. I have already extended her lease once and have told her that I will not do so again after this lease expires.

She is a great tenant but my overall goal...

Mark Yuschak Fannie re-key fees
25 April 2011 | 19 replies

I've been buying some Fannie inventory and I keep getting stung with the re-key fee. I've tried putting it on my original PA that I won't pay a re-key fee. That portion of my PA gets rejected. Their addendums call ...

Mark Prather Has anyone heard of or used Finance Holding Company?
24 July 2024 | 2 replies

I continue to get emails from Steve Mayer of Finance holding Company, but he keeps wanting me to pay a deposit + his 2% origination fee upfront...seems like a scam and wanted to see if anyone has done business with th...