Gregory Massi
Tenant refuses to pay late fee
Hello everyone,Just thinking about a hypothetical situation where the tenant pays the rent after the due date but refuses to pay the additional late fee. How would you go about getting this money from them, or would y...
Mike York
Odd Assignment Fee
Hello BP community! I have an interesting deal about to close and I need your advice. The original contract expired but I have a buyer for the home. Both the seller and buyer have verbally agreed a price and my 1k ...
Justin Epperson
Philadelphia New Construction Loans?
Hello,Can anyone refer a commercial lender in the area that finances new construction? I own the land outright, permits are issued and I already poured the foundation. I am looking to finance the erection costs only o...
Charlie Moore
Do you think a 1100 MOVE IN FEE, is unreasonable?
Done with security deposits, they come with too much bullcrap.- How do you feel about move in fee
Paul Zofsak
Buyer paid loss mitigation fees on short sale???
I am dealing with a listing agent locally that handles mostly short sales, one of her fees that is paid by the buyer is a $4k loss mitigation fee. I am still new to investing and even newer to dealing with short s...
Apoorva K.
Origination charges - fair?
Hello BPers!My first post. BP has wealth of knowledge and you guys keep adding to it. Awesome job! Man, I am addicted to BP :)I am going with this triplex and am looking for financing. The loan amount is slightly more...
Account Closed
How do I calculate my capital gain?
I’m closing on the sale of a duplex on Friday, and I’m trying to figure out how much I will need to set aside for capital gains taxes. How do I figure out my cost basis? What expenses raise my cost basis? For example ...
Mark Crutcher
I have a private lender up front fee is it a scam ?
I have a private lender who is loaning $80,000 at 4% interest paid back at $266 a month for six months with the $80,000 paid back at the end he's charging $800 origination fee is this a scam ?
Bruce Yin
Private Lender Scam?
I need some funding for a fix and flip. I use a website Cix.com to get some lenders to contact me. One of them is Seabrook Investment LLC. The lender is Timothy Holbrook. I just want to ask if anybody has been scammed...
John Acklen
Typical Range of Closing Costs & Loan Costs for Multi-Family?
Hi All - Thanks in advance for any help you guys & gals are able to provide. I'm starting in Multi-Family investing and building my proforma out to analyze some properties in the Midwest (Cincinnati, Dayton, Colu...