John Huynh
Chicago: Loan Origination Charges
Hi all, Could someone tell me if loan origination charges are a fixed amount or if it is a percentage of the loan? I have heard that there are online lenders that don't even charge loan origination charges. Any recomm...
Thomas O'Donnell
Pre-Screening Tenants and how to Properly Decline Them
Hey guys! So I recently listed the other side of my duplex for rent, and whenever I get a message about it, I send the same response to everyone saying "thank you for your interest in this home. Please fill out this f...
Eric Hamilton
Problems with conventional based financing
Hey everybody just wanted some thoughts on my chances of getting conventional financing for an investment property. I know just go ask the bank or lender right? Well I like to ellude that I already have a VA loan on m...
Frank Trigoso
How to trade 1 APT from additional properties! Thank you
Hello Bigger Pockets,Thank you for your time. Any help will truly be appreciated. I own one property that is Fair Market Value (FMV) at 130k. I owe 86k to the mortgage. Cash-on-Cash return is 14.5% annually. I own the...
Sherry Martin
Flip or rent and hold?
I am an older newbie but was debt free and owned my house and a rental property. Because my divorce lawyer failed to put in my agreement about my ex refinancing our house, I signed off on the deed without knowing I am...
Steven Booty
First Time House Hacker Here. What's BP think of this deal?
So I've been renting since college and got bit by the real estate investing bug about a year ago. I am now ready to buy and house hack a multi-plex.I have $20k for a down payment for a FHA style loan (I'd only put dow...
Alex Gerasimenko
Im a highly motivated entrepreneur with no experience.
Hi all, Can't appreciate enough your time reading trough this post and please feel free to leave a comment on your thoughts and ideas are very much appreciated.Let me introduce myself,My name is Alex and I'm 26 years ...
Franky Davis
I've got financing! Now what??
Hello all,I've posted before regarding my attempts at dipping my toes in the real estate investing pool. A quick background...I'm a 3rd year orthopedic surgery resident and have signed a contract with a hospital in So...
Chris Greenawalt
Help analyzing a deal
Hi guys! I have a triplex that I am currently analyzing and would like some input. I am leaning toward putting in an offer but it’s my first deal and I am nervous. Am I suffering from “analysis paralysis?”Asking is ar...
Siqi Lihu
Sell or Rent the Townhouse and Buy a new house
Hi - I would like to hear some opinions on my situation right now, I think I have done a fairly detailed analysis in my head, but just want to see if everyone agrees, if not, why not? Thank you all in advance! I have ...