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Hi everyone,I am buying my first duplex to try house hacking. What is considered a good origination fee, because I am being charged 4.139%. I find it quite high , am I correct?Thanks
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I am considering selling out my % of a small strip mall. I am a partner with cousins, this is an inherited property.
I have a decent handle on the property value.
How do I incorporate the value of rental income into ...
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When I first started to look into Indianapolis I started to filter my potential deals by only looking at properties that were under $100k and meet the 1% rule, but I'm still not finding anything without offering WAY ...
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We are under contract for a motel/rv park that is a value add site. Seller has not been able to provide any due diligence including contracts with long term rv tenants, proof of income in any way, proof of any expense...
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Hi! Looking for some opinions please..
I am on track to close on my second investment property (3/2) in a few weeks or so with flexible plans for the Seller to rent it back at a discount for a couple months.
The q...
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Hi all,I am currently working on a two family house in the riverdale part of the bronx, I went the route of converting the property to a 3 family house but am now wondering if it was worth it.Scenario 1:The house is a...
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Someone wants to sell me a note. They are asking PAR.Thoughts?\Note is for $62,500 for one year, 12% interest only.Here is what they stated:Good afternoon John,>>>>>>>> The buyer came in with $...
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I am looking for comments on feasibility of this scenario n today's note market. I guess it's called a 50/45/5. The goal is to move the property more quickly at near full price. (Note: this property is in NC and falls...
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I have a performing note backed a large multifamily property that I generated. I have had it less than a year so not much seasoning. It is around 80% LTV with an interest rate in the high 5s, fixed for 20 years. I'm c...
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Hi,
Can anyone explain how some lenders are offering low interest 3.5-4% but I need to pay for points or upfront costs? What does the points actually do? How does this method of lending affect a 30 year fixed?
Cheers!