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...
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...
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...
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...
All this talk about using realtors or listing with flat fee services...I just made an account with Zillow and listed a house for free, and they said it will be on Trulia also.Am I missing something? No listing fees wh...