All Forum Posts by: Ralph R.

I posted the contact but it was removed. 

I have been preapproved for a loan from The Equitable Bank in Milwaukee. Here  is some info they sent me. 

"On the in house loan we would do 20% down and we offer a 3,5 and 7yr ARM.

3yr- 3.25% with .50pt plus $1750.00 in closing costs

5yr- 3.25% with .50pt

7yr- 3.75% with .50 pt"

That is a $25k property no more. 

@Arnie Guida   you can have it split by a licensed plumber.  It would be pretty costly to run cold water lines to each unit depending on the layout but the lower units would be easy.

I plan on using my funds for the transaction.  If I use the banks title company they will pay closing costs and title insurance so I am looking to reduce my expenses.

I will try to contact the closing company tomorrow.  I am not fully committed to use them at this point so I can change if I need to.

I am wondering if I can use the title company the bank selects or if I need to pick my own?

Will I have an issue using the title company the bank selects?

I have a 2/1 house in Milwaukee WI under contract that I plan on wholesaling. I am a buy and hold investor so this will be my first wholesale.  I would keep it as rental but I closing tomorrow on a different house so I don't have time for this one.

 Can I do a double closing with the banks title company or do I need to find my own title company?  

Thanks for the help!  

I am looking for buy some bandit signs.

what website offers the best deal?

 I heard their ad on the podcast so I am thinking of using them and am also looking for feedback about B2R.