Andrea M.
San Diego - Agent and Lender relationship
Hi, We are looking to buy a home in San Diego where we currently live. It is a seller's market (like most parts of the country) and the agents we are vetting have all emphasized how important it is that the agent and...
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...
Nate Bartlett
Do all lenders charge origination points?
My wife and I are looking to invest in a single family short term rental property. We've had our fair share of hurdles since making the decision. The newest one is that our lender just told us that we will have to pay...
Randy Philpot
Cleaning fees at STR's
I am trying to run financials on various STR markets (Smoky Mtns, FL Panhandle, etc.), but I am having difficulty determining average cleaning fees. I know this will vary based on the size of the property, but is the...
Jack B.
Closing costs are 8% of the half a million I'd be cash out refi
My long time broker's fees were 20K per property or 80K. So I went to Aimloan, who originally quoted me 5K per property or 20K total for the four. Now I get the disclosures and they are 10K each, basically 40K or 8%...
Wes Brand
How to cash out
A bit about what I'm looking for:I'm closing on a property soon with a cash offer. I have no immediate plans for the money I'm spending on the property, but I'd like to keep cash available so I can jump on any good de...
Lauren Heinen
Number Crunching/Underwriting with Cleaning Fees
Hi! We have moved our market to New Mexico mountain ranges for STR purchasing. These houses are a lot cheaper, and therefore bring in less income. I am looking at some seller financed deals at <5% interest rate, bu...
Richard Cook
VA Loan: Worth Shopping Around?
So, we're active duty military and looking at using our VA loan at our next station, Sheppard AFB in Texas. Been looking around at rates and I'm getting rates between 3.6-4% It seems that there are a lot of fees that ...
Luke Chen
Refinance to pay down or pay off another mortgage?
Hi everyone, I'm assessing whether to cash out ReFi a property to completely pay off another mortgage, or just pay down the second mortgage and ReFi. Paid off property could use HELOC at a higher rate, or ReFi at a l...
Josh Cochran
Western Wealth Capital: What do you know about them?
They have a new offering as of 2/27/2019What do you know about them?Have you invested with them in the past? What was your experience?
Thanks in advance.