Aaron D Young
RE fees to consider if FSBO
Good afternoon,I am looking at a FSBO. The seller says they are flexible on the price since they are avoiding RE fees. Are the fees just the 6% RE commission or are there other fees I could consider when making a coun...
Joanne Gonzalez
Refi or keep my current mortgage
I bought my primary June of last year. Showed in my credit and it was $169,750 loan, 5.4 APR, $1,139 monthly payment. Due to some circumstances I had to refinance and because I was renting it out I had to refinance in...
Toby Ima
Owner financing alter terms during current agreement
Hi all. I hope everyone is safe and in good health. I have a current owner finance mortgage on a house, and I am thinking of presenting the seller with new terms that would be beneficial to both of us. Everything was ...
Michael Slusher
BRRRR Strategy and seasoning requirements...
I wanted to add another question regarding BRRRR that I can't seem to find the answer to. I called 5 portfolio lenders and all of them say that there is 6-12 month seasoning requirement for re-finance to use After Re...
John Apple
Is REO listing a dead business?
I've been researching ways to find legit connections that will lead to REO listings. I am willing to do BPO's to start out, however, I cant seem to find info on those either. Contacted the HUD asset manager for my are...
Alexander Magana
advise on how to get a mortgage to buy and flip
looking for advice. I visited 4 different banks today and ask about a mortgage to buy and flip, I was told I have to have a 15% downpayment. what can I do? any advice? thanks guys.
Mike Shemp
Need help with a decision on keeping a HELOC vs. cash-out REFI?
Hi All,We recently closed on a short-term rental property. We paid cash for it using our own personal funds, along with funds from a HELOC on another personal/vacation property that we do not rent out.From a tax-pers...
Jay Patel
Evaluate my financing quote - Can I do better?
Guys, I have a rental property under contract that I am looking to finance. I got this quote from a mortgage broker who I used to get my pre-approval letter. Personally I'm not too thrilled. What do you guys think? Si...
Account Closed
> SELLER CONCESSIONS or LOWER SALES PRICE?
The Seller is not being asked to bring a separate check to closing to pay the Buyer’s Closing Costs. This is a very common, simple Paper Credit at closing. Keep in mind, if a seller is willing to discount the price e...
William York
Costs Associated With Buying Your First Home
Costs Associated With Buying Your First Home
As a purchaser in a real estate transaction there are two costs you are responsible for, ...