We are buying a flip. The sellers bought the house 12 years ago with an existing addition. We asked them, but they don't know if it was ever permitted. We have two choices: 1) to rehab with all plumbing as is; 2) to...
Hi, I would like to know which lender has reasonable origination charges and other charges for investor, who is buying a property (either SFR/townhomes/condos) in Houston, TX area.Thanks,HP
Hello everyone, my name is Simon, I am 20 years old and I am looking to start a REI journey. I am currently unemployed, and was thinking of getting an MLO Licence and job to get in the field, start building a network ...
Are origination fees different across the board and is there a cap?My estimate was 4.8% rate conventional bank statement loan was high but was okay with it. Now it's coming back as 7.2% when they sent the paperwork an...
Closing on my first MFH with an FHA and just got the closing docs. Lenders origination rate is almost 4% is that too high ?
Any witty ideas on how to get residents out of a property won in a tax sale? I don’t mind giving a few bucks for a mover and some extra for them. Need a strategy on approaching property. Ty!!!
So I just purchased my first 6 plex and I'm renovating one of the units. I've pulled up the carpets and there are the original hardwoods in great shape just needing to be refinished. my question is, is it worth it to ...
Is it normal for private lenders to require the loan origination fee be sent as part of loan approval, prior to closing? Or is this a red flag that it is a scam?
Hi - are there any broker's here that originate non QM mortgages?
I'm refinancing a commercial property in the US for the first time. $1.7m loan, 65% LTV. One LOI I've received has quoted a 2% origination fee, which seems high to me. (Broker has a 1% fee on top). Presumably negotiab...