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...
I am in the process of purchasing my first house. When I was hit with almost $1000 in fees between lawyers fees and title insurance I began to wonder if there was a way I could save on these fees in the future? I plan...
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...
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...
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 =...
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...
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...
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...
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 ...
So i own a rental, in the mid-west, for about a year now and trying to do a cash out refi using only the income from the property, $2000 per month, and not any personal income. Home was purchased for cash in an LLC. ...