All Forum Posts by: Marshall Martinez

@Jeff Keller @Edmund Ricker @Mark Trebor 

Awesome, thanks for the feedback! That really helped!

Has anyone had any experience with either or both? Which did you like best and for what reasons?

I'm currently looking for a platform to track business expenses for tax purposes.

Thanks for the advice! 

- Marshall 

@Account Closed Take advantage of the forums and learn as much as possible! 

@Michael Sarrail Have you tried any portfolio lenders? 

 Ohh got it. Assuming the 2 month rally continues for the entire year, which is not likely. 

 Where are you finding a 56% annualized return in the market? 

@George Sharrett As @Bob Derwin mentioned, you'll need to start looking at portfolio lending. 
A mortgage broker will typically have a lot of different options, especially when it comes to non traditional financing. 

@Oliver Fang Regarding the financing, your best option would probably be a 30 yr loan if you are looking to cash flow the property or at least break even. IMO I would consider a fixed rate, we are still at historic lows! Also, the Fed has hinted at raising rates 2-3 times this year. So who knows what rates will be at in 5-7 years from now when the ARM start to adjust.

@Diane G. Feds have talked about increasing rates 3 more times in 2017...we'll see if they follow through with it.

Although, based on the past 30 years we are still at historic lows. 

@Russell Dancer If you plan on holding the property long term it may make sense to refi. In the long run you will save in interest paid. Usually your property will also increase it's cash flow. I am curious to why your cash flow stayed the same? Did you plan on shortening the term of the new loan? 

It's hard to say without seeing the numbers.