Hello everyone, I'm calculating that total dollar figure needed to execute a "Fix and Flip" project, and was wondering if some of the property purchasing costs such as, Title insurance, Land Transfer fee, etc. Could b...

I just purchased an investment property for $91,250 with 20% down on a FNMA backed loan at 7.625% interest and was charged the following:3.909% loan origination: $2,854Appraisal management fee: $85Processing Fees: $80...

Hey folks, I'm about to make my first purchase and I've got some questions about the costs being passed on to the buyer. On a property that will cost about $90K, I'm being told to expect about $6K in closing costs. Th...

So I've obtained my first listing of OTC tax liens for sale (came in a giant excel spreadsheet, which I paid for.) Some columns within the spreadsheet I'm seeking clarity on:

Current Secondary FCV - What exactly is ...

We use a third party to run the credit and application fees. They charge $29.95 for both. We do not collect the money, the third party does. One potential tenant just callled and said we are not allowed to charge $29....

Hello Bp Community
Hopefully everyone is having a great $$$ day! Quick question, is it normal for a hard money lender to ask for a 2000.00 initiating fee to get the process started? What are your experiences? They ...

Hello. As a first time buyer I went forward with the mortgage company my realtor recommended and now I'm worried I did not get enough competitive offers for a loan. About us: My partner and I have excellent credit (~8...

Hi,  I purchased a commercial property at the end of December 2017.  I wasn't billed for some of my lawyer's fees and inspection fees until 2018, around $20k.  It is my understanding that I can add these to the basis ...

hi all, We have a property under contract and we are seeking private money lender to fund the gap. A private money lender approached us on Facebook and is willing to fund the full Gap. However, they would charge a one...

I have read through the numerous rental open house posts here on BP and didn't see this covered.  I will have approx. 20 copies of the application as well as 20 copies of what I'm calling "Important Lease Notes" where...