I took around but couldn't find a conclusive answer. I'm thinking of asking for seller concessions to be applied to PMI/MIP. From what I've read that seems permissible. My question is how that concession is applied to...
Hello,I recently had a 4 plex offer accepted in Kansas City but walked away after I seen the inspection. As I am new, please advise on the structure of the deal and what possible strategies could I use next time (see ...
Hey Bp folks. I'm trying to negotiate my first deal on a mobile home park and have made offers and several counters, and now we are getting close, about 20k off on $270k deal, but now the seller lists to NOT prorate ...
Hi all,I wanted to use cozy for rent collection but one of my tenants uses a debit card to pay. What is the cheapest/best way that I can collect the rent? I need to collect the rent in a few days so a quick response w...
This seems excessive to me. Cash out is at a small local credit union. They said this is what they account for and anticipate so it may change. What are your thoughts? What can I negotiate down? Rate is 4% on a 30 y...
Looking to rent one of my 2 bedroom units and a couple with an interesting situation applied and I wanted to see what some you of thought of renting to them. The husband was recently laid off from his job and is curr...
Hi guys, I'd greatly appreciate some advise regarding the 2 investments that I have on hand right now. I'm still a rookie, not much of a experience and I'm still learning along the way. I've read and study alot about ...
The total loan is 135k for a 180k property. The loan originating fee of 3.4k seems high. My closing costs are almost 9%. Does this seem normal?
A. Origination Charges$3,412.5001 % of Loan Amount (Points...
I've come across a deal from a wholesaler whose list I'm on. It's a property that is for sale at $75k, with both a tenant and property manager already in place. Tenant pays utilities. The property is rented for $975/m...