Harriett Williams
URGENT Apartment wholesaling question
Hey BP fam!I have a friend, who has his first multifamily deal. He has an offer from his buyer at 6.2mil + 3% fee , he was told by a friend that it is illegal too get paid a commission for facilitating the deal as he ...
Steven Griffith
Mortgage Broker Recommendations for Investment Properties
Hello BP,Does anyone have a recommendation for a favorite mortgage broker for either Second Homes and/or Investment properties? My wife and I are looking at purchasing a second home for our personal use, and a separa...
Yin Choi
is 4% hard/private money loan too good to be true?
I happen to come across a loan that charges 4% fix, is it too good to be true?
Also, one of the terms is: "Borrower are to provide processing fee of the loan amount upfront after pre-qualification prior to Approval...
Zimean Vickers
Cash out Refi Pros & Cons
Hi everyone I need help. What are the pros and cons to Cash out refi? How do you make your money or credit make you money? What should I be aware of? What would you do? The goal is to create income.I have 2 rentals $...
Michael Jacobs
Multi Family Investing - In depth -Part 1
I will be releasing a few parts of what an real estate investor should prepare for when buying a multi family property. There are a lot of basic information that is out there such as location, location, location, cap ...
Akmal Normuratov
Hard money, Lender for first time
What is decent rate for fix and flip who starting first deal. If Purchase parice around 150k and 50k rehab.
Riley Hinshaw
Double Assignment?? assigning another wholesalers PSA?
Hey BP,This might be confusing, I talked to another wholesaler who said when he co wholesales his deals, he signs the other wholesalers PSA, then sends a new PSA to his end buyer. In return, he still gets an assignmen...
Anthony Lewis
Hard money fees please help
I got a hard money loan from a well known lender in my area.He says i need 12000 down i said ok. 3 days before closing he adds another 7500 for his fees. The lady who works for him could not believe it. I got the loan...
Saran Mandhadapu
PA Closing/Settlement Costs -- Are these fees reasonable??
Here are the fees charged by my Settlement company recently for a purchase price of $105,000 in York County, PA. Please let me know if they are reasonable.Insured Closing Letter = $125Tax Certification = $20Electronic...
Brandon Barnic
FHA cost the same everywhere?
I'm approved for FHA financing. My broker told me that I don't pay him anything for his services. I was chatting with another investor and he said that I went to the "ferrari dealership" of moragage brokers. I just w...