Michelle Smith
Help with Lending Questions to I Need to Ask
Hi BP community. I'm pretty new to investing and just received the OK on money to buy my first investment property (woot, woot!). The loan specifies: ESTIMATED SETTLEMENT CHARGES, ESTIMATED DETAILS OF TRANSACTION, EST...
Tia Brogan
Leasing Agreement for Newbies!!
We just bought our first investment property. We will be renting out our duplex soon. Someone recently inquired about wanting to rent the whole home. Each unit is 3 beds and 1 bath for a total of 6 beds and 2 baths. ...
Stephen Chase
As anyone bought a home investors (webuyuglyhomes) franchise?
My business partner and I are considering purchasing a Home Investors franchise, any advice if this is a good move or not ? We both have limited investment experience.
Jose Paniagua
Closing costs on a fourplex
It’s 10k dollar normal in a closing cost for a fourplex? I’m about to get my first deal, but those 10k got me thinking.
Prashanth Prash
Lender Paid Closing costs or Lender credit??
My mortgage officer at US Bank says they don't have an option where closing costs are paid as a credit or added to the loan.US bank covering all the bank fees. Title and Escrow charges are coming in around 5000. I am ...
Rolando Caceres
wholesale deal. need your input please?
I just came across a property in a rich neighborhood for a great price. Theyre asking 630,000 and comps sold in the same neighborhood are all 1.9mil - 2.2mil. the property is gutted inside, which is great do to the fa...
Alexandra Hollenbeck
Mortgage option "primary" vs "investment"
I am finally making offers on my first investment properties! Currently in the market for duplexes and single-family homes. But my question is: how can I bring my mortgage interest rate down? Right now I am being offe...
Maleeha Moha
Escrow Cancellation fees
Hello,I cancelled escrow within the 7 day contingency period and the escrow company is charging me 400 Cancellation fee. They never told me about this fee and won't release my deposit until I sign the release form wot...
Account Closed
Starting out learning to estimate costs
Not sure how to estimate financing costs. I can do the amortization myself, but I am not sure what to use to estimate for origination, agent fees, anything that will be due at closing. Any advice on where to start loo...
Joe Garvin
What is a fair price to perform a QCD or Warranty Deed into an LL
Hello Everyone,I want to transfer a property out of our personal names and into an LLC my wife and I established here in Florida. Legal Shield (formerly pre-paid Legal) quoted $300 which is a 25% discount to what the...