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Hello Folks, i am working with a major bank and they have charged me $3024 in Loan Origination Charges for a 250K loan.$1234 = Rate extension lock fee$1357= Prepaids$477 = Appraisals$1095 = loan processing feeThey too...
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Hey guys, my situation is a little tricky so I was wondering if I could get some input from you all. This is kind of a “what would you do” question. Thanks for reading!Current situation:I have five townhomes in the Mi...
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Hi BP,I found an 8-unit apartment building for sale by owner on craigslist. I've been studying real estate and reading/listening to BP for about a year and a half, but have yet to do an actual deal. I wanted to run ...
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I have a property management company which I am trying to grow. I started out 6 years ago as a real estate investor so I understand the philosophy of minimizing all costs to maximize your ROI. The question though is...
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Hi Everyone! Long time lurker, first time posting.I’m 29 and my wife and I have a household income of around 200k. Our plan is to pay off our student loans then save up for an investment property. Currently the plan i...
Hello everyone,
If a person has cash that they would like to put to work in RE but can only devote less then 10 hours a week to RE work (because of requirements from their regular job)...what strategy would you sugge...
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Hello All, I've been starting to get my research done on syndicating real estate deals. My current understanding is that you cannot send out mailers, unless the individuals have a certain net worth, and have expressed...
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Background:My husband and I own a 5 acre parcel of commercial land. It houses our business, but that building & parking, etc. only take up maybe half an acre to one acre total. The rest is pretty much just sitting...
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Hi BP!I am renting out my condo and in an effort to be competitive I priced my unit at $1850/mo. I have since received 3 really good applicants from people that I would happily rent to. Is there any way to claw back a...
Hello, I have been doing a lot of reading and research on Real Estate Investing and it's something that I would like to start but just want to make sure I'm on the right track and making the best decision for myself....