Looking for some some input on my negotiation status. After my initial offer, the seller countered. I countered his counter, then he responded with a "best and final". How appropriate is it for me to respond with MY b...
I dont know much about buying points to get a lower interest rate for a conventional loan. How much do points typically cost, and do they make economic sense for realestate investors?
Just closed on a cash out last Friday 4/29/16Looking to get advices from seasoned creative financing people if I got good deal in term of rate and closing costs. Here are the #'s. Thank you.Purchased rental 18 months ...
Hi BP community. I came across a FSBO deal and am interested in making an offer. I am trying to gather info on what are typical costs for me (the buyer) and the seller. I have searched online to no avail as informa...
I plan on house hacking and doing a 5% conventional financing loan. I was wondering what type of upfront closing costs I have to pay. Let's use the example of a 200k property.
How much would I realistically have to p...
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Hi! Well I'm ready for an investment property and I'm working with a gentleman who wants to start another phase of his life and is selling off some of his residential rental properties. There are renters in place that...
Can someone tell me what is the going interest rate for transactional lending?
How does one account for seller concessions from the HUD-1? Is that amount subtracted from the basis, or is that money allocated proportionally to each item in the closing costs it covered?Also, if there is a Lender ...
Here's how you can calculate the specifics of a hard money loan... A simplified/general calculation can be done by following the steps outlined below. Step 1: Calculate your total loan amount by taking the ARV (averag...