Hi there, I am a new mortgage loan originator, currently onboard with Nexa mortgage. We have to find our own leads and I am having trouble finding leads that turn into a close. I think I may need a mentor or some gui...
Using turbo tax, first time filing SFR. Its asking for the original purchase price and date. I have refinanced the property 2 time. Do I use the actual initial purchase date and price, or just the most current mortgag...
I’m not sure where to post this, but has anyone had original post threads deleted. Bigger Pockets states that they do not remove posts. There have been two instances where the original thread is gone. One recent threa...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $9,500
Cash invested: $750
Sale price: $49,000
dealing with tenants was fun, at first
I was speaking with a lender of newly originated/performing notes. All of what he is offering sounded like what I would like to invest in currently. Person is BP member and Company has been around a number of years so...
I am under contract on a house and my lender sent over the closing cost estimations. It looks like they are charging an origination fee of 2.5%. This seems high compared to what I have seen in the past. What have y'al...
Our tenant, without permission, painted original shellac woodwork in her apartment. We are restorers and this was original untouched woodwork in a 90 year old house.We are of course furious; she is non repentant but w...
I read about investors getting their realtors license and hanging their proverbial hat under a brokerage that may charge a yearly fee etc. I was curious if there were mortgage brokers who do the same with licensed mor...
Hello Everyone,Do you have any recommendations for a HELOC originator? I want to capture the equity in my primary home(condo) to fund my first BRRR deal. I'm looking into Bank of America as they don't charge annual f...
Anybody know any HML's that will pay for originations? I'm about to kick up my networking and want to broker loans while I'm out and about (my background is in lending). Been kinda cruising the internet for someone ...