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Hi!I currently got pre approved for a 250k blanket loan for my 5 rental properties that are clear + free, I’ve got excellent credit and the terms are:6.65% for 30 years 75%LTV 1% origination fee — are these good terms...
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Are there Hard Money Lenders that still do Gap Loans with simple underwriting and low origination fees? Why has this type of product disappeared?
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Hi,I have worked with a few lenders and have been seeing rates for a 5% owner occupant conventional loan floating around 7.1 - 7.3%. I recently got in touch with a smaller bank that is able to do a 6.5% interest rate....
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I have a rental that is rented with signed lease for 1,300 a month the new tenant who just moved in last month, this month decides he only is going to pay $1200 because he says he didn't do an final walk thru prior to...
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Hi,I am looking at a property to flip. Looking for alternative financing other than a conventional loan. I was told by a successful investor that if a private or hard money lender requires you to put money down that ...
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I placed my first rental property on Craigslist 3 days ago and 10 responded so far and are interested. Here is my plan, followed by a few questions, what do you advise?
I have telephone screened a few and weeded ou...
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Hello Bp!I'm am currently in the process of putting a home under contract,however I'm not too sure if this would be considered a deal. These are the numbers:ARV: 100kRepairs: >5kPrice: 73kThe home is tenant occupie...
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Hello BPer's,I am closing on my second rental single family home this upcoming Tuesday and need advice on the title company fees. The first company just charged title insurance $472 and title settlement fee $125. Comp...
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Who should get the late payment fee when tenant doesn't pay on time?
A- The Property Owner
B- The Management Company
and Why?
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I have a LLC owned house that I'm going to renovate and sell. I've been financing with an equity loan previously, we paid that off with the last sale and would prefer not to get into that again.Our local bank is happ...