![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2243966/small_1695629287-avatar-ivonneh1.jpg?twic=v1/output=image&v=2)
Hello to all, I’m recently got into escrow on my very first investment property and when going through all of the fees to close I came across a “lock in rate” fee which is to lock in the 6.125% interest rate at a whop...
Here is the scenario. I first started out with a 680 credit score when I approached my loan officer (at Suntrust) back in March and he gave me a 3.75% interest rate, I'm still looking for a property up to now and my c...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/250647/small_1621436253-avatar-jackb2.jpg?twic=v1/output=image&v=2)
Aimloan, Navy Federal Credit Union, etc. They say they have rates from 3.25 to 3.35 % based on my 830 credit score, 20% down, etc. on their websites "rate quotes". I wonder though once they do a hard pull on my credit...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2825083/small_1711071052-avatar-chadc294.jpg?twic=v1/output=image&v=2)
Dear, BP fellows,
I have been looking for investment property loan info for AL and recently get quoted with 30years interest rate 7.625% with 2.125 discount point. So for a property around 200k 20% down, right off t...
Hello everyone, I just wanted to give 2 tips to my military veterans on what could help then get a head start in the RE world. Before i get started just wanted to disclose that I am not affiliate with any of the compa...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/314144/small_1621443591-avatar-sethch.jpg?twic=v1/output=image&v=2)
When looking at an investment with value-add rehab, obviously we need to take market cap rate and discount for the actual costs of repairs. But there is no reason to take on the risk, time, lost rent, and work for the...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/625119/small_1621494074-avatar-kevinl101.jpg?twic=v1/output=image&v=2)
Is everyone else seeing an increase of inquiries asking for a better deal?When I started 4 years ago, it was very rare. Now a large % of guests ask for discount. In the past 24 hours alone, got 2/3 inquiries per prope...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1975947/small_1694909291-avatar-damona25.jpg?twic=v1/output=image&v=2)
I'm working with a seller and they are offering a price reduction or to pay for points. The price is $109,900 so they will reduce that price by 2% which is $2,180 to arrive at $107,720, or they will pay a 2% discount ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/71847/small_1621414551-avatar-teenwolf.jpg?twic=v1/output=image&v=2)
I'm about to enter into an investment deal with an energy company in which I will be entitled to a 15-year income stream. Pre-determined amounts will be paid to me in inequal yearly installments (e.g. year 5 pays $12k...
Hi,
I'm new at this and need some help to make sure I'm gather the right information as a I think about his deal.
First, a little about the property. It is located in east Austin on a major thoroughfare. It contains...