All Forum Posts by: Filip Filmar

My take on your three questions:

1. California is pretty much a nonstarter if you want to buy a property that cash-flows.  You need to buy really well. I wouldn't buy on purpose something that loses money.
2. It all really depends on the totality of your purchase and financing.  You should be able to calculate this, and if not, there are calculators to help you with this exercise.
3. I think direct investment in real estate beats peer-to-peer lending.  P2P income tax rates are higher, and treatment of losses is less favorable.  You also need to be an accredited investor.

Good luck!

Hello all!  I'm looking for a property manager that services Addyston, OH.  Please let me know if you are one and are interested in a short chat about details.

Thanks a lot for your attention.

Best regards,

Filip

Cool, thanks for reviving this thread!

I suppose my message was just not intriguing enough. It's a run-off-the-mill story.  In any case, in the meantime I've gotten some contacts in Cincinnati on my own, and many thanks to all folks who reached out via private messages!  You all know who you are!  I'm having high hopes for this year.

Best regards,

F

Thanks for the explanation!  For some reason, such an example was near impossible to find.... until now! :)

Oh I see. What I meant was all else being equal what does the llpa do to the resulting mortgage APR. Suppose that for a loan of $100,000 I would have been charged an APR of 3.5% with 0% llpa. Now assume everything is the same except llpa is now 4.25%. what would the resulting APR be? Cheers, f

Hi, folks.  I'm doing some self-education about loans and lending, and am a bit confused about the effect of loan-level price adjustment (LLPA) on a mortgage rate.

I understand what LLPA is, and there are plenty of places on the Internet that describe it in various level of detail.  However, what I'm missing is an explanation of how LLPA affects the quoted mortgage rate that you get back from your lender.

Would someone be as kind as to give an example?

Thanks a lot!

F

Hello all.  I'm a small-time real-estate investor.  I'm investigating the Cincinatti real estate market and would like to pay the city a visit in the next few weeks looking to build a network , to look at a few smaller multi-family properties and in general understand the city better than pure Internet search allows.

I was wondering if perhaps a real estate agent from Cincinatti that's also reading this forum would be willing to help me out with learning about the market and looking at properties. I'd be glad to provide more detail about my plans for those who are interested in learning about them; they are likely insignificant otherwise for wider audience. Let me know if you are interested in talking to me and I'll contact you directly.

I also apologize for not writing more significantly on the forum before.  I have been reading for quite a while and listening to podcasts, but didn't think I had much to contribute.

Thank you for considering this.

Cheers, 

Filip