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I think I might of figured out a way to get around needing a RE license to wholesale in Ohio and that would be transactional funding and just doing a double close with the funding money. I could use some knowledge fro...
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Hey guys,I understand that with a residential rental property, we are able to depreciate the house, not land for 27.5 years. My accountant told me that he would be able to accelerate the depreciation up front during t...
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Hello Everyone,I'm a new investor looking to purchase my first property. I have heard about FHA loans and wanted to learn more about the pros and cons of it. I understand you get to put down a low down payment and tha...
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When you are in a situation where you have to pay closing costs. Do you prefer to A. prefer to pay themB. roll them into loan (if that is available commercial loan example)
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I took around but couldn't find a conclusive answer. I'm thinking of asking for seller concessions to be applied to PMI/MIP. From what I've read that seems permissible. My question is how that concession is applied to...
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Has anyone had any luck negotiating a property down in price through buying all cash, then renting the property out and then refinancing?
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Working on a loan for a duplex that I'm psyched about. I'd love your thoughts on paying down interest rate up front with points. I'll use an example with similar numbers because I want to truly understand the reasonin...
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Wondering if it’s normal for lenders to ask for a loan origination fee of approx. $1200. What is the usual ways you deal with this transaction? I suggested giving the funds to an attorney in trust and releasing them a...
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I have a private lender who is asking for an upfront loan processing fee but said it will be reimbursed at closing. The interest rate is 4% is this a SCAM?
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I got a great quote for a cash out refi for a four unit building from Rochester Home Equity in Rochester NY. Any one have any experience working with them. I'm concerned about the up front non refundable fees they are...