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...

Hi, my banker said - We are needing a minimum extra $20k in cash flow in order for this to debt service at 1.25x, which is the industry standard lowest it can be to approve loans, your's now is .98x.  Is it possible t...

So I guess there is a new credit score model that rolled out:

New Credit Scores

Does anyone know what banks are considering "A" paper under the new scoring? I checked mine tonight (923, 910, 923) and have no idea w...

Pay off some credit card debt or hold on to Capital

I had a well though thought strategic default (under legal guidance) in 2010 on a residential RE property.  Back then, the lawyer told me it would hurt me for only 3-5 years max.  Well that is not the case at all, and...

Do you think there will be a shift in hard money and other investment loan interest rates on average as conventional mortgage rates continue to rise? Im in the Atlanta market and from what I see hard money interest ra...

My wife and I are exploring options for financing our first rental properties.  We would like to free up some cash to make improvements on our current home, move out into a multi-family property, rent the other units ...

Hey everyone thanks for taking time to look at my question. Ive been seriously looked into my first investment in real estate, I believe the main thing holding me back is financing. Im wondering how you got your first...

There is a HUD home listed in my area that I would love to rehab. The house is actually in good shape, it is just outdated. It is listed at 65% of lowest ARV. I know there will be multiple offers so I am thinkin...

greetings everyone, i'm new here and needing some advice. so im thinking about buying another house. the plan i have in my head is to buy a fixer upper with cash (to try to get lowest possible purchase price) and to g...