Have any of you ever heard of an Engagement Fee for refinancing?
LENDBASE has the following fees
Conventional:
1% origination fee
$500 doc fee (est)
Title Work TBD
Appraisal $2000-$3000
Environmental $0-$20...
I'm looking to see if we could compile a list of the top 5 mistakes made by landlords. I'll throw out a few and hopefully we can come to some kind of consensus.
Note - to all who participate,...
I am looking for a way to protect myself against buyers causing me to take my house off the market, and end up wasting my time.What could go wrong if I added this clause to the purchase contract? This says that the bu...
This is becoming a problem.... My wife and I self manage our 5 rentals and we have been on this journey for approx 3 years. Everything has been going great up to this point but one of our tenants has been in the house...
Hello,
This is out first time renting out our home and after our tenants moved in they never put the utilities in their own name and I am still being charged for them. I plan on sending out a certified lette...
Has any rehabber used a self directed IRA for rehabbing houses? How do you handle the profit. Does it have to go back into the IRA which would seem to defeat the purpose as you couldn't make any money to live off. If ...
This is more of a vent than anything.
So the first month with a new tenant has come around and I still have no rent payment. We set it so it was due on the 5th and late by the 10th; The renter wanted to pay r...
After listening to the Clayton Morris podcast (EP115 with Mike Banks) about the company Fund & Grow, I became intrigued with the idea of using business credit cards to buy rental properties using the BRRRR method....