David Litzau
Mortgage Fees Insight
Being new to real estate investment I am looking for feedback on what fees should I expect to pay for a buy and hold investment property and what fees are negotiable?
Karen Leonard
Property Tax and Mortgage Interest paid from escrow in 1031 exchange
I am in contract to sell an investment property, and the proceeds will go to the 1031 QI that I've identified. The preliminary Seller's Settlement statement plans to pay the prorated property tax, and mortgage interes...
Ryan Woodward
Tried numerous attempts without 20% down, but need it in order to get loan. Any suggestions?
Any help is awesome. I have pending a property with 2 separate houses on one parcel. 2 bd, 1bth, & separate garage + 1 bd, 1bth, & sep. garage. Asking $145,000. I have $10,000 in bank, $10,000 in stock market....
James Brisson
Current Cash out refi costs and rates … HELP
Hey all, so I’m currently in the process of doing a cash out refi on one of the triplex’s I own in Fitchburg, Ma. I have a rate of 3.75% Current PITI is 2180 and other expenses monthly are roughly $200. Gross rents ar...
Chris Trupiano
Which method of rent collection would be best
Hey BP,
I'll be closing on my first property on the 20th. I'm unsure the best way for me to collect rent. I'll be living around an hour away from the house so I'd prefer not to pick up checks and mailing isn't the be...
Helen Lee
Commercial lease: how to serve the 5 day notice in IL
Unbelievalbe that I have to evict a tenant with good credit. She rented our storefront for storage. Last year, everything is ok. But ever since this Feb, she did not pay the rent. She said she was ill and in hospital....
Chris Ono
10% Closing Cost in Memphis?
Hi everyone,
We're looking to purchase 2 turnkey properties from Memphis Invest, but the mortgage company that was recommended (not by them, but they work with them regularly) is charging 10.1% to purchase price in c...
Horacio Gutierrez
Seller finance contract template
Hello,Does anyone have seller finance contract template that might include no due on sale clause, no prepaid penalty, right of first refusal, terms, etc.Thanks,
Alex Alaniz
Assuming property signing over property can this be done?
I have a unique situation and I am looking for feedback from other experienced real estate professionals. I have a note on a property for $52,000. its been rented out the last 4 years. My tenant paid 3 years in adv...
Brandon O'Neal
Seeking Opinion on Loan Estimate for Multi-Family | FHA 1st Buyer
Good afternoon all,
I'm purchasing a multi family at a purchase price of $314,000 with $9k back for closing costs, prepaids, escrow. I'm Using FHA MA Housing First Time Buyer Program w/3.5% down payment assistance pr...