Anna Gordon
Closing cost analysis
Hello,I am working on purchasing my first short term rental but haven’t found a good reference for analyzing the closing fees and understanding the funds needed for closing. I may be over analyzing it but I want to ma...
Wes Brand
How to cash out
A bit about what I'm looking for:I'm closing on a property soon with a cash offer. I have no immediate plans for the money I'm spending on the property, but I'd like to keep cash available so I can jump on any good de...
Stephen Bennett
Charlotte, N.C. Hard Money Lenders
My wife and I have been saving for our first flip, and we are finally ready to take the next step! I have a long history in the carpentry field, and plan to do most of the renovations myself, unless it makes more fina...
Obed Bermudez
Ughhh Closing Costs! How to properly estimate????
Hello BP community,I'm currently attempting to figure out how to accurately "guesstimate" the amount of closing costs for a residential property. I understand that closing costs include fees incurred by the title co...
Nik S.
Post Closing - Rent Pro-Rations - HELP!
Hi everyone,I recently closed on a (2) multifamily apt buildings. We closed on the 11th & at that time not all rents were collected. It was agreed upon that after closing, any rents collected after the closing wou...
Dennis Smith
Plz explain how APR works!
Guys hi
I want to take credit line from my bank(chase)
just spoke with my business banker and she said that i can count on 10%-15% APR.
I am looking to get 30K credit line.
How do the interest and payments calcula...
Terry Royce
Property Insurance
We are currently rehabbing a house, and have had problems with two insurance companies. One dropped us, because the downspouts and siding were messed up, the next cause the house is vacant.
I was trying to avoid an e...
Niles Crum
Getting Rent One Year In Advance
I just rented a home to a tenant who did not quite meet my income requirements. I expressed my concern to her and she said she had $20,000 in savings and could get me a letter from the state where she gets just under...
Account Closed
Who pays closing costs? ( SELLER FINANCING)
When you do seller financing with a pre-foreclosure property.. who pays for closing costs? You or the seller? If you, does it mean you have to pay like 9% closing costs? (the sellers closing costs + the buyer's closin...
Maximillian Engram
Pre approval process
Good afternoon, any insight would be helpfulDuring the pre approval process for getting a home loan is it a hard pull or soft pull on your credit? Thank you