Is it worth it to refinance a rental property to get a lower interest rate (3% down from 3.5%) and lower the years of payment (20 down from 25) despite the having to pay closing cost and possibly decreasing cashflow d...
Selling broker sent meat with this with response to offer. What does it mean??
“Credit to buyer at closing or price improvement.”
Thank you
I've got quoted a conventional loan on a $500k single family home but the closing costs/brokerage fees come up to be about 7% (35k) of the purchase price for a 10% down payment. Therefore, I'm looking to pay 85k in cl...
Hello BP!My house finally went under contract yesterday after lowering the price down $30,000 and having it sit on the market for over two months. We agreed that I (the seller) would pay $5,000 of the buyer's closing...
We just completed the inspection on a home that a client has under contract. Most of the items on the inspection are related to old systems that will need to be replaced eventually, or outdated items since this is an...
Can you fine folks recommend a good institution to get a HELOC? I've done some research already around Comerica, Alliant CU, Stanford CU, BofA, and Wells Fargo. Seems to me that the trade off is higher rate or highe...
What are the factors to consider when deciding whether to ask the seller to pay for closing costs or just boosting the offering price to compensate.
Sample deal:
Offer 1- $515K, each party pays his own closing cos...
I am looking for advice on putting my home on the market I purchased 5 years ago for 240K and has a worth of around 500K from the booming market around me. I want to sell my home and use the gains to place a down paym...
I was wondering if it wiser to lower the sell price and raise the interest or raise the sell price and lower the interest when selling to buyers with owner finance. If the price or interest is adjusted a little the mo...
Hello,
I am a first time investor that is very brand new to RE investing. I am a DACA recipient doing a conventional 20% down owner occupied loan to house hack a fourplex. These are the closing cost I received from...