Hi All,
In the middle of obtaining a mortgage for a property in NY. Estimated closing cost is at $20k. Are there any fees I can negotiate or challenge with the bank? Some of the fees listed in the closing statem...
Earlier today on LinkedIn I came across a posting from a company that provides business lines of credit up to $150K in unsecured business credit, 0% interest for 6-12 months, no income verification and no credit repor...
I am working up to my first fix and flip and practicing using the calculator which asks for closing costs for buyer and seller. How is it usually structured? Would I typically pay closing costs when I buy the proper...
Hi All, I Hope everyone is well. I've a situation in hand. A property in Cleveland has an SFH and a duplex on the same parcel. Totally rehabbed and renovated, the inspection report is clean. My regular Financers are n...
I have 400,000 in equity in a deal... I am trying to do a cash out refinance for 160,000 the mortgage bank I am working with is giving me the 160,000 but out of that I am walking out with 75k... 40k towards debt... An...
This sounds like a dumb question but in private lending, generally, is the % rate annual or for the length of the short term loan? I'm pretty sure it's annual unless otherwise discussed and I know that private lending...
How much in closing costs on an investment property loan should I expect to pay?
I'm closing on a turnkey in Memphis soon.
So i am in the process of buying my first investment property and was quite shocked at how high the closing costs are when i got the official numbers. is there any negotiating with the lenders on any aspects of the cl...
I have a tenant that is choosing to move out at the end of their lease term. I believe, from how I interpret my property management contract, I don't have to pay anything to sever the relationship with the property m...
So, I don't own any investment properties yet, but since I'm already very busy with my main business I'm considering using property management right from the start. The metro area I'm investing in is located in Iowa, ...