Hello,I am looking at a 32 unit apartment complex priced at $2.5M.  I am curious if the fees I am being presented are in line with market norms:lender app fee: $10,000Origination fee 1% ($20,000)Lender costs: shows a ...

Had a guest at a honeymoon cabin in the smokies notify me this morning that their boyfriend/husband just abandoned her on the trip. I didn't get into to many personal details since its not my business, but the crux of...

Working on getting funding for a 4 unit, that I plan to house hack. For those who have closed FHA loans on 4 plexes how many months reserves did your lender require? I thought it would be 3, but I'm getting lenders (b...

While I know the 50% rule isn't always a direct measurement of things, for this purpose I am going to assume it is. So, being a newbie, it is my understanding that 50% rule simply states that 50% goes to costs of prop...

FYI Because I think this will have a larger impact on pricing than the shelter-in-place orders. Not only have interest rates crept up but overall terms like reserves/escrows and debt service coverage have increased bu...

Hi there,Just got 2 supplemental property tax bills for a house I purchased earlier this year in CA.Anyone know if lenders typically allow the use of the money from an impound/escrow account to pay for these or on my ...

Hello - had a question on modeling returns on notes (Apologies in advance if this has been answered already, wasn't able to find a concrete answer in prior posts). Wanted to know what metric (or metrics) folks use whe...

So I was talking with my mentor about acquiring a property to boost my networth. So he proposed an idea I've not heard before which was raising capital from investors and having your investors be treated as 2nd positi...

Hey everyone,I am searching for a small multifamily property (most likely a duplex) in South Jersey.  I am going to look at three properties tomorrow with my agent.  I am crunching the numbers and determining at what ...

Just wondering if anyone else keeps home warranties on their rental properties in order to keep repair cost to a minimum. Between appliances going out, minor plumbing issues, etc; paying a monthly premium and a $75 de...