Miles Tiglao
When do you pay Origination Fees for MFRs?
I'm working with a lender who is asking for origination fees up front a few weeks before closing. I've always paid origination fees as part of the loan on signing day for my SFRs. Is it any different with Commercial...
Ray Trounday
Loan to Value calculated on Original Loan Balance?
Is Loan to Value calculated on the Original Loan Balance or Unpaid Loan Balance?
Robert Steele
Outstanding mortgage balance that much higher than original!?
I know it is not possible to get the mortgage balance without permission/info from the borrower.I also know you can get a rough estimate by pulling the mortgage doc from public records, lookup the prevailing interest ...
Kevin Hoodwin
Business Idea - Convert Rental Properties to Originated Notes
Howdy all,
My most recent deal was a home run mortgage note origination. We were able to produce a high ROI! I learned that I really enjoy originating notes and thought my services could prove profitable to other i...
Wardell Picquet
Contractor Starting On "Change Orders" Without Finishing Original
I'm using a Hard Money Lender for a Flip. I paid the contractor a portion of the original bid amount to start on work. He has not finished the work he was paid for but has started on "change orders" that I did not aut...
Steven Stillwell
Originally a fix and flip, will be BRRRRing
Investment Info:
Single-family residence buy & hold investment in Towson.
Purchase price: $172,500
Originally a fix and flip, will be holding after renovation using the BRRRR strategy.
What ...
Warren Golston
New Member from Virginia Beach, VA (Originally Germantown, MD)
Good Morning Fellow Investors,Allow me to introduce myself. My name is Warren Golston. I am a 28 year old service member in the Navy. I am new not only on the boards but to this transition to what I consider a steppin...
Aaron Kohl
New Investor - living in NYC (originally from South Carolina)
Hey BP Community,Long time reader, first-time poster here.I wanted to introduce myself, and start engaging with the BP readers. I currently reside in New York City, but I spent the first 27 years of my life in the ups...
Bin Liu
Basement rentals, original renters want to add additional adult
Hello All,
Need some advice on my particular renter situation. Currently renting my basement out to a single mother and her child since last March, original rent was $1575 (all utilities) and I saw her situation at ...
Bin Liu
Basement rentals, Original renters want to add another adult
Hello All,Need some advice on my particular renter situation. Currently renting my basement out to a single mother and her child since last March, original rent was $1575 (all utilities) and I saw her situation at the...