Has anyone ever had any deals with them and if so what is your experience? I have a deal I am trying to finance and I have been talking to this company. Reason I am hesitant is due to the fees they want up front.
In June, I bought a 3 bedroom/1 bath SFH in Lansing, MI on short sale for $20,000 that I am now renting. I was able to find conventional financing from a bank, getting a 30-year loan at 4.79%. I'm currently gearin...
Hello Bigger Pockets, We are working with a lender on the below terms and Im unsure if I filled out this report correctly. 10.9% / Origination Fee: 2-3 points ($2500 min) / Doc Fee: $1495 /Loan to Costs (purchase +...
I got my first hard money loan approval for 47,000. It's a Rental property with a 24 month term loan and no prepayment penalties. i only need the money for 2 month. Waiting on Heloc to process. Does the fees seem r...
Is there a biggerpocekets write up on what an buyer should pay or what reasonable closing fees he can expect. I understand everythings negotiable, but was wondering if there were some standards for the line items and...
Hi ALL,Thoughts on this. MM has an exclusive engagement agreement where 1% of total sale price is asked whenever this agreement is signed regardless if you use their recommendations for financing or you choose to shop...
A potential cash buyer wants to know my assignment fee. I usually double close. Should I tell him?
Hi all,
We are currently shopping around for the lowest interest rate to purchase our first primary residence, multi-family in MA. We are currently looking at Everett, Reverse, Malden, and Melrose. My husband is acti...
Hello fellow Big Pocketers,
I’m wondering if charging a late rent payment fee is legally permitted in the State of Texas (Austin) and how much to charge. A percentage of the rent, a flat fee, how much?
Thanks in a...
So I bought my first BRRR, paid cash for it through equity on my primary residence, rehabbed it with a no interest credit card, found a great tenant and just signed on the refinance cash out. I was shocked that there’...