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Results (10000)
Ivonne Hunter Rate lock in fees on investment triplex property
28 August 2022 | 9 replies

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...

Account Closed What affects the interest rate in mortgages?
27 July 2014 | 2 replies

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...

Jack B. Mortgage rates: are they really as low as they advertise on web
21 February 2020 | 8 replies

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...

Chad C. How does loan discount point work?
17 April 2024 | 7 replies

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...

Account Closed Great tip for my Military Veterans
25 March 2016 | 27 replies

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...

Seth C. Discounting for Immediate Renovations and Repairs
3 August 2015 | 6 replies

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...

Kevin Lefeuvre Guests increasingly ask for discounts
4 August 2023 | 48 replies

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...

Damon Albers Points Buy Down or Price Reduction
7 March 2023 | 6 replies

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 ...

Ken Sanders How can I present-value and sell this revenue stream?
27 March 2011 | 11 replies

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...

Steven Swierenga Newbie with Potential Deal apartments/commercial
12 July 2015 | 3 replies

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...