Tristan Colborg
First Property and Property Management Fees
Hey BP community! I just closed on my first property and I am in the process of getting things set up for property management. I met with a couple of different companies, and feel like I know who I am going to go with...
Kumar Gaurav
Lender offering better refinance rate with a buy down
Hello,I am in the process of Refinancing my loan and lender is offering me a better if I buydown the mortgage by $50,000.Although it's feasible to pay down principal by additional $50,000 at closing. I will end up com...
Arvind Sundar
Interest Rates
How many lenders does one get interest rate and closing costs quotes from before deciding on which one is the best and which one to go with?
Sky Lin
Cash out refinance shopping -state of AZ
Hello!
Thank you for such a great community and active forum!
I have gotten an offer from a lender on a Cash out refinance. I am fairly new to this and this is my first Cash out refinance. It would be a residential ...
JR Rivas
Are these closing costs too high?
Hello,
I am looking to close on my first property and I just got the paperwork to sign from the lender & the closing costs are about 10% of purchase price(not loan amount).
I know typically the closing costs a...
Rainier Guiang
Can someone please evaluate this GFE?
Cash-out Refi for Florida Condo
$225k, 4.75% - 30 year fixed
Part A
Origination fee: $950 , no points
Part B
Appraisal $635
Credit Report $22
HOA Certification: $150
...
Cel Arrington
Average Cost of Cash Out Refianance
hey BP!
I had a quick question about what my expectation should be around a cash out refi for my investment property. A lender I've worked with in the past for primary residence is quoting me for something like 6.5...
Bans Sharma
Urgent: Need advice on choosing DSCR loan option
Hello,
I am in the process of purchasing a property for $1.17M and plan to put 25% down with a DSCR loan. My lender said it would be best to go with DSCR instead of conventional loan. My goal would be to either refin...
AJ Wong
How to lower property management costs on luxury STR vacation rental property
When analyzing a luxury short term rental (STR) vacation home for investment in today's mortgage rate environment, the ROI & margins can be extremely tight. Investors that are looking to offset their investment co...
Shane Klackner
loan closing cost expectations
BP!Working on my first duplex deal. I am shopping around for conventional loans and am curious what I should expect as far as closing costs. What is typical in Colorado? Is there a basic percentage I can work off o...