We are under contract for our first rental. We contacted our lender and started the mortgage process.We explained to them that we were looking for a 20% Down loan. We were told that the fees associated with that loan ...
Hello,I am looking for a specific type of online mortgage calculator - I am looking for one that can compare the costs between 2 different mortgages. To explain, I have been provided numbers on a 30 year fixed mortga...
iN THIS COMPETATIVE MARKET I SEE QUITE A FEW FOLKS CHARGING A LOW CLEANING FEE TO NO FEE AT ALL. TO ME IT SEEMS YOU ARE BUYING A JOB AS A HOUSEKEEPER. I AM IN A SMALLER MARKET IN GEORGIA AND IN THE PAST YEAR MULTIPL...
I have some questions regarding a short-term rental near Orlando. It is a 4 bedroom 3 bathroom townhome (1492 sqft). It boasts fantastic amenities, notably a lazy river, yet tenants are required to pay $22 daily to ac...
Hello! I received the follow terms for a hard money loan. Is this a good deal?It's for a full rehab of a duplex. 3 beds and 1 bath in each unit. $400,000 ARV.Total Loan Commitment: $295,000 Interest Rate: 11 %Initial ...
Hello Folks, i am working with a major bank and they have charged me $3024 in Loan Origination Charges for a 250K loan.$1234 = Rate extension lock fee$1357= Prepaids$477 = Appraisals$1095 = loan processing feeThey too...
With hard money loans, what are the typical interest rates that are associated with hard money loans? And what are expected fees that are associated with Hard Money Loans?
Hello, I am seeking advice as I am new to seller financing. I want to understand how to structure the finance terms.if for example the house is on the market for $200K1. how much do i ask for down payment2 going in...
Which one makes the most financial sense, Purchase prices 310k to be rented. Rent is around $2200
Citizens bank @
25% down
7.375% 2 points ($4650.00) $1975.91
7.5% 1.7 points ($3952.50) $1995.76
7.625% 1.5 poin...
Hello!
I am under contract on a vacation property (10% down) & looking to lock in with a lender. The current lender we got rates from is telling me that they require a percent of the loan up front kind of like bu...