Jason Keating
Closing costs $9305 on a 108000 cash out!!
This seems excessive to me. Cash out is at a small local credit union. They said this is what they account for and anticipate so it may change. What are your thoughts? What can I negotiate down? Rate is 4% on a 30 y...
Account Closed
How much does hard money cost?
I'm looking at using hard money for a rehab flip in Oklahoma City. What kind of interest rate, discount points, and other processing fees should I expect to pay? Thanks for any hard money or rehab advice!
Tom Fitzsimmons
Questions to ask lender as I am I a first time home buyer
What are some questions I should be asking a lender? I'm a first time home buyer... So far I have: - Are their any first time home buyer grants I can take advantage of in my state? (I'm investing in Maryland) - Are a...
Dominic Balconi
10% Vacancy, 10% Cap Ex, 10% Management, 10% Repairs?
10% vacancy, 10% cap ex, 10% management, 10% repairsOn all of my practice analyses, this is what I choose. Any suggestions or comments?
Pedro Sanchez
Hard money lending advice needed
Hey everyone I just finished my first flip with a 203 k
Which had a bad experience with contractor
So not going that route no more.
I’d like to use hard money until I work up my capital but can anyone advise on it if...
Leon Lee
Cash-out refi on several SFH properties, does it worth it?
Hi, Fellow investorsSome of my SFHs have accumulated some equity over years. I asked about cash-out refi from a loan broker that I have been working with for years and was given the following terms (see attached scree...
Alipate Moleni
HELOC rate/term comparison
I need to choose between 2 HELOC offers, one with Penfed, the other with Zions bank. Penfed is offering me 115k, variable prime + 1.5% rate, no closing costs. Zions is offering me 100k, variable prime + .94%, about $2...
Ibrahim Hughes
Valuing using CAP rates & IE sheets
Greetings everyone:
When analyzing commercial property and I receive the income and expense sheet from the realtor or owner, it rarely includes the vacancy rates and management fee. Should I include this (3-5% for va...
Jaki Ollango
Private Lending Question
Hi. I have a private lender willing to loan us some money. I approached an attorney to draft some documents for us and provided the collateral details. However, she said she cannot because the interest rate being char...
Gabi Ashenden
House Hacking with a VA loan
Hello everyone,My husband (veteran) and I bought a house last year with a VA loan (0% down), and we lived in it for more than a year. We have been researching our market and are very ready to buy an investment propert...