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Results (10000)
Jeremy Schappert My Strategy For Selecting a Mortgage Lender/Broker
24 January 2023 | 8 replies

Selecting a loan officer in brief…For experienced home buyers, I want to quickly lay out my strategy for picking a loan officer. Subsequently I’ll go into the detail for those interested or less experienced with the ...

Mike V. Blanket Loan vs 5 Conventional Mortgages
25 August 2018 | 7 replies

I'm looking to purchase 5 new units in a short period of time. My question is: Is it better to take 5 individual mortgages, one for each property or a blanket loan?Background:  These would be short term vacation rent...

Shalante Davis Are the Terms of this Hard Money Lender a Good Deal?
3 December 2017 | 27 replies

Hello Masterminds!!! I am a new investor, I have completed a JV project lately that turned into a fiasco, but I was able to get out with some profit. Every deal is a new learning experience and I am ready to pull the ...

Alisha Magwood Are these Loan Fees About Right/ Typical?
5 August 2016 | 8 replies

So I'm looking for lending options and thinking about one in particular. Being fresh/new to all this i'm not sure what's "standard" or even if there is such a thing. So I would like some input on these fees outlined. ...

Michele Velazquez Question about Vacancy Rate Calculation
27 September 2022 | 10 replies

Ok, I hope I can ask this correctly.  I am buying 4 townhomes in Austell, GA.  I used this calculator to determine if the property cash flows:https://www.calculator.net/ren...As you can see, I did use a 5% vacancy rat...

Toben B. What percent should closing costs be on cash out refi of $140K
3 February 2023 | 4 replies

Hello,
I have 3 duplexes to cash out refi on. All are worth $200K. One is free and clear, one I owe $5K and one I owe $35K.
What should closing fees, points, appraisals add up to? I am seeing $7400-$8400 in closing ...

Alvaro Leis Origination charges on a conventional loan
21 May 2019 | 9 replies

Hello I am new here and about to get our first property which is a duplex, $115k purchase price with a conventional loan, 20% down payment and interest is around 4.9%.I received the closing disclosures from the lender...

John Montgomery closing costs on refi
27 February 2020 | 5 replies

Hi BP,
I'm refinancing my mortgage and am wondering if the closing costs seem reasonable. We are going from a 4.25% to a 3.37% interest rate and will be saving about $150 per month, so that seems nice. We're going th...

N/A N/A Realty fee on selling property - need help please
29 May 2007 | 5 replies

I need some advice on the going realty fee rate on land. I want to sell lake front property at Lake Keowee and my realtor wants a fee of 10%. Is that % fee the current going rate?

Thanks in advance!

Linda

Montez Greer 1st Time Using Hard Money
3 September 2019 | 8 replies

Good Morning BP Universe,
Yesterday I came across a property on my local (Cincinnati) REIA website. The seller said in order to walkthrough the property, I had to have "Proof of funds". So I called around to a few Ha...