Varun Parkash
$3000+ in Loan Origination Charges - Closing in 2 weeks - HELP
Hello Folks, i am working with a major bank and they have charged me $3024 in Loan Origination Charges for a 250K loan.$1234 = Rate extension lock fee$1357= Prepaids$477 = Appraisals$1095 = loan processing feeThey too...
Brian Zaug
I want this property, how do I get it?
So this property popped up on the MLS the other day and my agent and I went to see it yesterday. I knew it was a sweet deal as soon as we walked through it so we put in a cash offer for full asking price (135K). So...
Matthew L.
Lessons from My First Purchase
I just wrapped up a busy (and cold!) week in Owings Mills (outside of Baltimore), where I was rehabbing my first rental property. Being my first real estate purchase ever, it was exciting and intimidating to go throug...
Rose Stuart
I screwed up
Hi everyone. I screwed up. And it is really hurting my pride and bank account. We bought a solid property. A second duplex in our neighborhood. It's a solid B neighborhood near different kinds of employers. It's centr...
William Huston
Your minimum numbers per door? just curious....
Hello All, I am currently in the process of learning more about investing in multifamily properties, i currently have 5 single families, so i have no experience in them. I have been running the numbers locally on what...
Shelly F.
Are There Really Mentors Out There?
I am new to REI and I wonder if I am too "naive"...? Despite my inexperience in REI I bring a ton of skills and sales ability to the table, and of course I'm willing to dig in, help out, and LEARN. My question is, a...
Sam Rockafellow
How do you look at a house? Investor eyes?
IN the Marine Corps I studied what is called Combat Hunter. We took hours of classes on how to identify human existence while patrolling though rural terrain.
We learned how to identify many things about t...
Ziaur Zahid
Payoff Mortgage or buy Investment property
Hello,I am in greater Los Angeles area. I own a property and this is my primary residence. I have some money for investment. The kind of investment property I can buy cash down are far away and Bakersfield has some go...
Suneel P.
What is the Property tax on rented properties in Texas?
I am planning to buy a single-family house in Austin, Texas or surrounding cities and rent it out. I learnt that property taxes for owner-occupied homes are different from that of rented Properties. What would be the ...
Allison Escovedo
Should we close on this 4 unit?
We are under contract for a 4 unit apartment complex in Taft for $170k.Each unit rents for $575. Currently, there is 50% vacancy. It was advertised as fully occupied. I talked with one of the tenants who has lived the...